Which of the following is NOT a safeguard that can help to mitigate threats to independence?
A) Safeguards created by the Sarbanes-Oxley Act
B) Safeguards created by the corporate governance system of the attest client
C) Quality control safeguards created by the audit firm
D) Safeguards performed by the audit firm that are the responsibility of management.

Question

Quizplus · Accepted Answer

Safeguards performed by the audit firm that are the responsibility of management do not help to mitigate threats to independence because they are not independent of the client. The other options, such as safeguards created by the Sarbanes-Oxley Act, the corporate governance system of the attest client, and quality control safeguards created by the audit firm, are all designed to help auditors remain independent and objective when performing an audit.

Which of the Following Is NOT a Safeguard That Can