Revised 2024 GAGAS Implements New Quality Management Process

Jerry Ashworth
February 5, 2024 at 07:44:43 ET
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The Government Accountability Office on Feb. 1 released its revised version of the Government Auditing Standards (GAGAS), which mirrors other international auditing standards by establishing a quality management process for responsible auditing that incorporates a “risk-based,” rather than a “policies-based” approach. GAO amended chapter 5, which is now retitled “Quality Management... Read More