Under generally accepted government auditing standards, safeguards are controls designed to reduce or eliminate threats to independence.

Question

Quizplus · Accepted Answer

Safeguards are indeed controls put in place to minimize or eliminate potential threats to the independence of auditors. These safeguards can take many forms, including ethical codes, training, monitoring, and oversight. The aim is to ensure that auditors remain objective and unbiased in their assessments of government agencies or programs.

Under Generally Accepted Government Auditing Standards, Safeguards Are Controls Designed