Overview
Individuals who work in a governmental environment have many rules of ethics that must be followed. The Government Accountability Office (GAO) issues Yellow Book providing rules related to ethics and independence, which received a significant update in 2018. We'll review some of the key elements of ethics relevant to governmental entities and auditors to prevent independence noncompliance.
Prerequisites
None
Objectives
- Recall safeguards that can be used to reduce threats to an acceptable level
- Identify threats to independence
Highlights
- Independence
- Threats
- Safeguards
