OBJECTIVITY AND INDEPENDENCE ASSESSMENT OF AUDIT ACTIVITIES AND AUDITORS IN THE CONTEXT OF CORPORATE GOVERNANCE

Abstract

It is known to influence corporate governance to provide of audit quality as well as auditors. Therefore, corporate governance principles are applied in conjunction with auditing standards, that may provide to access accurate and reliable information from financial statement, that are audited by objective and independent auditors. Audit activities carry some risks. Risks, that caused by objectivity and independence, are among them. Paid audit fee for external auditors by audited company and competitiveness of audit firms were called into questions about objectivity and independence of the auditors. In this context, the aim of our study was objectivity and independence evaluation of audit activities and auditors through the corporate governance practices.