Independence

Assume you are a senior partner in an accounting firm and you are asked to prepare a presentation for a group of new recruits.

Create an 12- to 15-slide presentation that includes detailed speaker notes discussing each slide that does the following:

· Defines independence and discusses who must be independent.

· Identifies and describes the seven threats to independence.

· Offers safeguards against the seven threats to independence.

· Formulates and predicts potential civil or regulatory concerns if independence is compromised.