Independence Standards

Independence Standards are guidelines that professionals like auditors and financial advisors follow to maintain objectivity and impartiality in their work. These standards ensure they do not have financial or personal relationships that could influence their judgments. By adhering to these rules, they provide honest, unbiased opinions and decisions, which helps maintain trust and integrity in financial reporting and advisory services. Essentially, Independence Standards help ensure professionals stay fair and impartial, avoiding conflicts of interest that could compromise their integrity or the quality of their work.