Question

which body develops independence rules that apply to engagements performed under gagas?

Answer 1

Answer:

The Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the "Yellow Book", are produced in the United States by the Government Accountability Office (GAO). The standards apply to both financial and performance audits of government agencies. Five general standards are included: Independence.

Explanation:

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Answer 2

Government Accountability Office (GAO) is the body that develops independence rules that apply to engagements performed under gagas.

The following information should be considered;

• The Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the Yellow Book, are generated in the United States by the Government Accountability Office (GAO).
• Government Accountability Office (GAO) created independence rules that apply to engagements performed under generally accepted government auditing standards (GAGAS).

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