As a result, the GAO issued new independence standards applicable to audits of federal departments and agencies and entities that receive federal funds, and the Sarbanes-Oxley legislation limited the ability of auditors of public companies to perform certain non-audit services for their audit clients.
Resultant of this, the GAO issued independence standards which were applicable to audits of departments and agencies which receive federal funds.
Resultant of this, the GAO refused to issue independence standards which were applicable to audits of departments and agencies which receive federal funds.