Independence, Sarbanes-Oxley (SOX), Compliance & Legal Remedies

Independence, Sarbanes-Oxley (SOX), Compliance & Legal Remedies
Is true auditor independence possible?
What kinds of actions, if any, do we take in our organizations to achieve a functional level of auditor independence?
Is compliance with Sarbanes-Oxley enough?
Or, does SOX go overboard in requiring needless procedures and costs?
Would we be better to require less auditing and let the legal system punish deceptive actors?

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