Monday, July 24, 2017

Federal Audit resources & reports

http://www.gao.gov/products/GAO-17-317 High-Risk Series: Progress on Many High-Risk Areas, While Substantial Efforts Needed on Others GAO-17-317: Published: Feb 15, 2017. Publicly Released: Feb 15, 2017. http://www.gao.gov/products/GAO-17-283R Financial Audit: Fiscal Years 2016 and 2015 Consolidated Financial Statements of the U.S. Government GAO-17-283R: Published: Jan 12, 2017. Publicly Released: Jan 12, 2017. http://www.gao.gov/products/GAO-17-237SP The Nation's Fiscal Health: Action is Needed to Address the Federal Government's Fiscal Future GAO-17-237SP: Published: Jan 17, 2017. Publicly Released: Jan 17, 2017.

Friday, July 21, 2017

AICPA comment letter to GAO

http://www.aicpa.org/InterestAreas/GovernmentalAuditQuality/DownloadableDocuments/AICPACL2017YBED.pdf While supportive of the yellow book revision, three areas are noted: independence requirements,CPE requirement, and auditors' responsibilities for waste.