Which statement most accurately describes the FDIC's auditor independence requirements? a.FDIC independence requirements incorporate requirements for attorneys and actuaries.b.FDIC independence requirements mirror the AICPA and DOL independence rules.c. Certain FDIC policy statements address auditor independence.d.The FDIC has not adopted regulations that incorporate SEC independence rules.

Options A and B are wrong because option A suggests that the requirements are for attorneys and actuaries, while option B tells the FDIC rules are copying from AICPA and DOL independence rules. In both cases, it contradicts from FDIC's auditor independence. Option "D" is wrong because FDIC has originally adopted regulations that incorporate SEC rules.

Since all the options are wrong, the option "C" is correct because some of the FDIC policies are addressing the auditors' independence.

Tundexi Tundexi · Answer 2 · 2022-03-21T14:52:30+01:00

The statement that most accurately describes the FDIC's auditor independence requirements is that the certain FDIC policy statements address auditor independence.

What makes an audits effective?

In order for an audits to be effective, the external auditors appointed must be independent in both fact and appearance.

The external auditors must perform all necessary procedures to comply with auditing and attestation standards.

Therefore, the Option C is correct.