1. In your understanding, what are Professionalism, integrity and objectivity?

Why do
these principles relate to the independence?
Professionalism is a person have technical skill and ethical compliance who avoids action
that discredits the profession.
Integrity is one of character, the quality of being honest or standards of doing their job, and
that person’s determination not to lower those standards.
Objectivity is the fact of being based on facts and not influenced by personal beliefs of
feelings or doing without biasing
These principles relate to independence because to be independent requires competence, it
needs to be professional, and an audit provides unbiased and professional skepticism.
2. In your understandings, what are professional competence and due care/diligence?
What are relationship between competence and diligence?
Competence is the combination of education (practical and theoretical knowledge) and
experience ( cognitive skills, behavior, and values used to improve work performance ),
which means having the ability to perform specific tasks adequately.
Due care or diligence is a constant and earnest effort to accomplish tasks carefully with the
applicable technical and ethical standards.
The relationship between competence and diligence. Diligence alone is not enough, if you
want to master, you must be capable and intelligent.
3. What are the differences between independence in facts and independence in
appearance?
Independence in facts:
- The situation is not influenced or dependent on external factor
- State of mine that permits the provision of an opinion without being affected by
influences.
- Purely relate with the mindset of the person.
The auditor may not perform any audit for a company in which they or their family holds
any interest, be it through employment, shares, or relation through marriage to someone
who holds employment or shares in that company.
Independence in appearance:
- Sometimes imposed by the Law like section
- Not allowed to make friends with people relating to that company or be at risk of taking on
the appearance of bias.
The auditor must maintain a professional distance from employees and stakeholders of that
company.