What role does government play in creating and enforcing auditing standards?

What role does government play in creating and enforcing auditing standards?
       Organizational independence allows the audit activity toconduct work without interference by the entity under audit. The audit activityshould have sufficient independence from those it is required to audit so thatit can both conduct its work without interference and be seen to be able to doso.        A formal mandate. The audit activitys powers and dutiesshould be established by the governments constitution, charter, or other basiclegal document. Among other topics, this document would address procedures andrequirements of reporting, the obligation of the audited entity to collaboratewith the auditor.        Unrestricted access. Audits should be conducted withcomplete and unrestricted access to employees, property, and records.        Sufficient funding. The audit activity must havesufficient funding relative to the size of its audit responsibilities. Thisimportant element should not be left under the control of the organizationunder audit because the budget impacts the audit activitys capacity to carryout its duties.        Competent leadership. The head of the audit activity mustbe able to effectively recruit, retain, and manage highly skilled staff.Moreover, the chief audit executive should be an articulate public spokespersonfor the audit activity.        Competent staff. The audit activity needs a professionalstaff that collectively has the necessary qualifications and competence toconduct the full range of audits required by its mandate. Auditors must complywith minimum continuing education requirements established by their relevantprofessional organizations and standards.        Stakeholder support. The legitimacy of the audit activityand its mission should be understood and supported by a broad range of electedand appointed government officials, as well as the media and involved citizens.        Professional audit standards support the implementationof the previous elements and provide a framework to promote quality audit workthat is systematic, objective, and based on evidence. Just as many governmentshave adopted internal control standards either as requirements or guidancefor public sector managers audit activities should conduct their work inaccordance with recognized standards.