Since it is impossible to define every situation that creates threats to independence,the yellow book standards (i.e.,GAGAS)establish a conceptual framework that requires auditors to identify,evaluate,and apply safeguards to appropriately address threats to independence.

Question

Quizplus · Accepted Answer

As described in Chapter 11, GAGAS include a conceptual framework for making independence determinations.

Since It Is Impossible to Define Every Situation That Creates