AUD 2 Professional Responsibilities and Ethics 12 Flashcards

Question 1

Q

Independence Standards of the Government Accountability Office (GAO)

The Y_____ Book is broken down into sections that include:

Government Auditing – Foundation and Ethical Principles
Standards for Use and Application of GAGAS
General Standards
Standards for Financial Audits
Standards for Attestation Engagements
Fieldwork Standards for Performance Audits
Reporting Standards for Performance Audits

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The Yellow Book is broken down into sections that include:

Government Auditing – Foundation and Ethical Principles
Standards for Use and Application of GAGAS
General Standards
Standards for Financial Audits
Standards for Attestation Engagements
Fieldwork Standards for Performance Audits
Reporting Standards for Performance Audits

Question 2

Q

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more re_______, independence requirements that apply when performing an engagement in accordance with GAGAS.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

Question 3

Q

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, in_________ requirements that apply when performing an engagement in accordance with GAGAS.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

Question 4

Q

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence re_________s that apply when performing an engagement in accordance with GAGAS.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

Question 5

Q

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an en_________ in accordance with GAGAS.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

Question 6

Q

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with G_____.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

Question 7

Q

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the a____ work, the audit organization and the individual auditor, whether government or public, must be independent.”

Answer

A

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

Question 8

Q

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether g__________ or public, must be independent.”

Answer

A

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

Question 9

Q

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or p____, must be independent.”

Answer

A

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

Question 10

Q

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be i__________”

Answer

A

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

Question 11

Q

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual a______, whether government or public, must be independent.”

Answer

A

Independence Standards of the Government Accountability Office (GAO)

It indicates that:

“In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

Question 12

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of in_______ that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 13

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of m___,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 14

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might com_______ the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 15

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s j_________,

and independence in appearance

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 16

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and i___________ in appearance

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 17

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in ap__________

so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 18

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the f________ information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 19

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial in_________ will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 20

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it re_____.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 21

Q

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that u___s of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

This includes independence of mind,

indicating that the auditor is free of influence that might compromise the auditor’s judgment,

and independence in appearance

so that users of the financial information will consider it reliable.

Question 22

Q

Independence Standards of the Government Accountability Office (GAO)

The Ge_____ Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

It indicates that: “In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

This includes independence of mind, indicating that the auditor is free of influence that might compromise the auditor’s judgment, and independence in appearance so that users of the financial information will consider it reliable.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The General Standards include the GAO’s separate, and somewhat more restrictive, independence requirements that apply when performing an engagement in accordance with GAGAS.

It indicates that: “In all matters relating to the audit work, the audit organization and the individual auditor, whether government or public, must be independent.”

This includes independence of mind, indicating that the auditor is free of influence that might compromise the auditor’s judgment, and independence in appearance so that users of the financial information will consider it reliable.

Question 23

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an a_____ is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 24

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in m___ and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 25

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in ap________,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 26

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an i___________ conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 27

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual f_________

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 28

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence c________ framework

that can be applied in making a determination as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 29

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a de__________ as to whether or not independence has been impaired.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 30

Q

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been im____ed.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance,

GAGAS incorporates an independence conceptual framework

that can be applied in making a determination as to whether or not independence has been impaired.

Question 31

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates i___________, applying the framework, whenever facts or circumstances create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 32

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever f___s or circumstances create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 33

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or c__________s create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 34

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create th____s to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 35

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to i___________.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 36

Q

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the fr________, whenever facts or circumstances create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 37

Q

Independence Standards of the Government Accountability Office (GAO)

An a______ evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

Question 38

Q

Independence Standards of the Government Accountability Office (GAO)

The approach is very similar to that incorporated into the i__________ requirements for nongovernmental auditors in the AICPA code of Professional Conduct.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The approach is very similar to that incorporated into the independence requirements for nongovernmental auditors in the AICPA code of Professional Conduct.

Question 39

Q

Independence Standards of the Government Accountability Office (GAO)

The approach is very similar to that incorporated into the independence requirements for nongovernmental auditors in the ______ code of Professional Conduct.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The approach is very similar to that incorporated into the independence requirements for nongovernmental auditors in the AICPA code of Professional Conduct.

Question 40

Q

Independence Standards of the Government Accountability Office (GAO)

To provide as________ that an auditor is independent both in mind and in appearance, GAGAS incorporates an independence conceptual framework that can be applied in making a determination as to whether or not independence has been impaired.

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

The approach is very similar to that incorporated into the independence requirements for nongovernmental auditors in the AICPA code of Professional Conduct.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

To provide assurance that an auditor is independent both in mind and in appearance, GAGAS incorporates an independence conceptual framework that can be applied in making a determination as to whether or not independence has been impaired.

An auditor evaluates independence, applying the framework, whenever facts or circumstances create threats to independence.

The approach is very similar to that incorporated into the independence requirements for nongovernmental auditors in the AICPA code of Professional Conduct.

Question 41

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Identify threats to i___________

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Identify threats to independence

Question 42

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• I______y threats to independence

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Identify threats to independence

Question 43

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Evaluate the s_________ of the threats, individually and collectively

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Evaluate the significance of the threats, individually and collectively

Question 44

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Ev_____ the significance of the threats, individually and collectively

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Evaluate the significance of the threats, individually and collectively

Question 45

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Evaluate the significance of the threats, individually and co_______ly

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively

Question 46

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to el_______ or mitigate the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 47

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mi______ the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 48

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply s________s to eliminate or mitigate the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 49

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mitigate the threats such that they are reduced to an ac________ level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

• Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 50

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
A____ safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 51

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are ex____ed to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 52

Q

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for ev_____ing independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Answer

A

Independence Standards of the Government Accountability Office (GAO)

Similar to the approach for evaluating independence indicated in AICPA professional standards,

government auditors are expected to:

Identify threats to independence
Evaluate the significance of the threats, individually and collectively
Apply safeguards to eliminate or mitigate the threats such that they are reduced to an acceptable level

Question 53

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying f___s and circumstances that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 54

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and c__________es that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 55

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first i_______ing facts and circumstances that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 56

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by f____ identifying facts and circumstances that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 57

Q

Independence Standards of the Government Accountability Office (GAO)

The fr_______ is applied by first identifying facts and circumstances that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 58

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is a____ied by first identifying facts and circumstances that create threats to independence.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 59

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to in_________.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

Question 60

Q

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

There are 7 categories of t______s in the Yellow Book to independence:

Answer

A

Independence Standards of the Government Accountability Office (GAO)

The framework is applied by first identifying facts and circumstances that create threats to independence.

There are 7 categories of threats in the Yellow Book to independence:

Question 61

Q

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s j________.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Question 62

Q

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A s___ - ________ threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Question 63

Q

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the en____ that might affect the auditor’s judgment.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Question 64

Q

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a f_______ or other interest in the entity that might affect the auditor’s judgment.

Answer

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Answer 65

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat

occurs when the auditor has a financial or other interest in the entity that might affect the auditor’s judgment.

Answer 66

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 67

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 68

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 69

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 70

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 71

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 72

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 73

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

• A self-review threat

occurs when the extent of nonattest services performed by the auditor for the client

raise a question as to whether the auditor will be reviewing judgments and estimates that the auditor participated in the development of.

Answer 74

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 75

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 76

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 77

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 78

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 79

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 80

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 81

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 82

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 83

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 84

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 85

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 86

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 87

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 88

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A bias threat

occurs when the auditor is not objective about the client.

This may result from the relationship between the auditor and client.

It may also be a result of the beliefs of the auditor, which may be political, religious, or philosophical,

and that may or may not conform to the objectives, mission, or operations of the client.

Answer 89

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 90

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 91

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 92

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 93

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 94

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 95

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 96

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 97

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 98

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A familiarity threat

occurs as a result of the duration and closeness of the relationship between the auditor and the client.

This includes the threat that the client may anticipate what may be emphasized by the auditor

and may be able to effectively deceive the auditor as a result.

Answer 99

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 100

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 101

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 102

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 103

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 104

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

An undue influence threat

occurs when factors or parties separate from the client might create influence or pressure that may affect the auditor’s judgments in regard to the client.

Answer 105

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 106

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 107

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 108

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 109

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 110

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A management participation threat

occurs when the auditor takes on the role of management or performs management functions for the client.

Answer 111

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 112

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 113

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 114

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 115

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 116

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 117

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 118

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 119

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 120

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 121

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A structural threat

occurs when the audit entity is connected to the government entity

in such a way that may impair the auditor’s ability to remain objective in the performance of the engagement or reporting of the results.

Answer 122

A

Independence Standards of the Government Accountability Office (GAO)

There are 7 categories of threats in the Yellow Book to independence:

A self-interest threat
A self-review threat
A bias threat
A familiarity threat
An undue influence threat
A management participation threat
A structural threat

Answer 123

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 124

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 125

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 126

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 127

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 128

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

Answer 129

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

If so, independence is impaired and the auditor will not be able to perform the engagement.

Answer 130

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

If so, independence is impaired and the auditor will not be able to perform the engagement.

Answer 131

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

If so, independence is impaired and the auditor will not be able to perform the engagement.

Answer 132

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

If so, independence is impaired and the auditor will not be able to perform the engagement.

Answer 133

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 134

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 135

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 136

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 137

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 138

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 139

A

Independence Standards of the Government Accountability Office (GAO)

If the threat does not result from the performance of nonattest services,

or if the nonattest services were not prohibited,

the auditor will consider the magnitude of threats.

Answer 140

A

Independence Standards of the Government Accountability Office (GAO)

If the threat to independence results from the performance of nonattest services, the auditor will first determine if the service was prohibited.

If so, independence is impaired and the auditor will not be able to perform the engagement.

If the threat does not result from the performance of nonattest services, or if the nonattest services were not prohibited, the auditor will consider the magnitude of threats.

Answer 141

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

Performing management responsibilities
Performing certain accounting functions without obtaining management approval
Providing internal audit assistance in the form of setting policies, strategic direction, or scope for the internal audit function, or performing internal control procedures
Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring
Participation in IT services including the design, development, or alteration of IT systems
Providing valuation services that impact information included in the financial statements
Performing specific additional services related to non-tax disbursements, benefit plan administration, investment advisory or management, corporate finance, executive or employee personnel, and business risk consulting

Answer 142

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 143

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 144

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 145

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 146

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 147

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 148

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 149

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition, use or disposition of resources, custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 150

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 151

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 152

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 153

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 154

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 155

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 156

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 157

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing management responsibilities,

such as

strategic planning for the entity,

developing entity program policies,

directing employees,

making decisions regarding the acquisition,

use or disposition of resources,

custody of assets,

reporting to governance,

accepting responsibility for internal controls,
and voting in the management committee or board of directors;

Answer 158

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 159

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 160

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 161

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 162

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 163

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 164

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 165

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 166

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 167

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 168

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 169

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 170

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 171

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 172

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 173

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing certain accounting functions without obtaining management approval, such as

determining or changing journal entries,

authorizing or approving transactions,

preparing or altering source documents,

and accepting responsibility

for the preparation or fair presentation of the financial statements;

Answer 174

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 175

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 176

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 177

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 178

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 179

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 180

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 181

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 182

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 183

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 184

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing internal audit assistance in the form of

setting policies,
strategic direction,
or scope

for the internal audit function,

or performing internal control procedures;

Answer 185

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 186

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 187

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 188

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 189

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 190

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 191

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring;

Answer 192

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 193

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 194

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 195

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 196

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 197

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 198

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 199

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 200

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 201

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Participation in information technology services including

the design,
development,
or alteration

of IT systems that manage aspects of the operations that will be audited,

or operating or supervising the operation of such a system;

Answer 202

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing valuation services that impact information included in the financial statements;

Answer 203

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing valuation services that impact information included in the financial statements;

Answer 204

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing valuation services that impact information included in the financial statements;

Answer 205

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Providing valuation services that impact information included in the financial statements;

Answer 206

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 207

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 208

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 209

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 210

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 211

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 212

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 213

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

• Performing specific additional services related to

non-tax disbursements, 
benefit plan administration, 
investment advisory 
or management, 
corporate finance, 
executive or employee personnel, 
and business risk

consulting.

Answer 214

A

Independence Standards of the Government Accountability Office (GAO)

Prohibited nonattest services include:

Performing management responsibilities
Performing certain accounting functions without obtaining management approval
Providing internal audit assistance in the form of setting policies, strategic direction, or scope for the internal audit function, or performing internal control procedures
Accepting responsibility for the design, implementation, or maintenance (DIM) of internal control, or its monitoring
Participation in IT services including the design, development, or alteration of IT systems
Providing valuation services that impact information included in the financial statements
Performing specific additional services related to non-tax disbursements, benefit plan administration, investment advisory or management, corporate finance, executive or employee personnel, and business risk consulting

Answer 215

A

Independence Standards of the Government Accountability Office (GAO)

The auditor will consider threats individually and in the aggregate to determine if they are at an acceptable level,

which would not impair the auditor’s ability to perform and report on the engagement objectively.

Answer 216

A

Independence Standards of the Government Accountability Office (GAO)

The auditor will consider threats individually and in the aggregate to determine if they are at an acceptable level,

which would not impair the auditor’s ability to perform and report on the engagement objectively.

Answer 217

A

Independence Standards of the Government Accountability Office (GAO)

The auditor will consider threats individually and in the aggregate to determine if they are at an acceptable level,

which would not impair the auditor’s ability to perform and report on the engagement objectively.

Answer 218

A

Independence Standards of the Government Accountability Office (GAO)

The auditor will consider threats individually and in the aggregate to determine if they are at an acceptable level,

which would not impair the auditor’s ability to perform and report on the engagement objectively.

Answer 219

A

Independence Standards of the Government Accountability Office (GAO)

If threats are not at an acceptable level, the auditor will consider safeguards against those threats.

Answer 220

A

Independence Standards of the Government Accountability Office (GAO)

If threats are not at an acceptable level, the auditor will consider safeguards against those threats.

Safeguards are policies and procedures instituted by the auditor to address threats to independence.

Answer 221

A

Independence Standards of the Government Accountability Office (GAO)

If threats are not at an acceptable level, the auditor will consider safeguards against those threats.

Safeguards are policies and procedures instituted by the auditor to address threats to independence.

Answer 222

A

Independence Standards of the Government Accountability Office (GAO)

The auditor will consider threats individually and in the aggregate to determine if they are at an acceptable level,

which would not impair the auditor’s ability to perform and report on the engagement objectively.

If threats are not at an acceptable level, the auditor will consider safeguards against those threats.

Safeguards are policies and procedures instituted by the auditor to address threats to independence.

Answer 223

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Consulting with other auditors, regulators, or other independent third parties;

Answer 224

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Consulting with other auditors, regulators, or other independent third parties;

Answer 225

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Consulting with other auditors, regulators, or other independent third parties;

Answer 226

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Disclosing the nature and extent of services
that could potentially impair independence
to those responsible for governance
and discussing independence issues with them

Answer 227

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Disclosing the nature and extent of services
that could potentially impair independence
to those responsible for governance
and discussing independence issues with them

Answer 228

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Disclosing the nature and extent of services
that could potentially impair independence
to those responsible for governance
and discussing independence issues with them

Answer 229

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Disclosing the nature and extent of services
that could potentially impair independence
to those responsible for governance
and discussing independence issues with them

Answer 230

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Disclosing the nature and extent of services
that could potentially impair independence
to those responsible for governance
and discussing independence issues with them

Answer 231

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Using an outside auditor to participate in the audit

by performing or reperforming parts of it, or by reviewing the work performed.

Answer 232

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Using an outside auditor to participate in the audit

by performing or reperforming parts of it, or by reviewing the work performed.

Answer 233

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

• Using an outside auditor to participate in the audit

by performing or reperforming parts of it, or by reviewing the work performed.

Answer 234

A

Independence Standards of the Government Accountability Office (GAO)

Safeguards may include:

Consulting with other auditors, regulators, or other independent third parties;
Disclosing the nature and extent of services that could potentially impair independence to those responsible for governance and discussing independence issues with them; and
Using an outside auditor to participate in the audit by performing or reperforming parts of it, or by reviewing the work performed.

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AUD 2 Professional Responsibilities and Ethics 12 Flashcards

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