Which of the following is NOT a safeguard to mitigate threats to compliance with the rules for CPAs in business or reduce them to an acceptable level?
A) Independent external audit
B) Tone at the top
C) Independent audit committee
D) Whistleblower hot line

Question

Quizplus · Accepted Answer

Independent external audits are primarily designed to provide assurance on financial statements to external stakeholders and are not a direct safeguard for CPAs in business to comply with professional rules. Safeguards like tone at the top, independent audit committees, and whistleblower hotlines are internal mechanisms that help ensure compliance and ethical behavior within an organization.

Which of the Following Is NOT a Safeguard to Mitigate