Tag Archives: Government Auditing Standards

Why Auditors Aren’t Perfect

With the massive amount of federal dollars issued in grant awards these days, I’m all for ensuring that they are spent appropriately. To that end, having auditors conduct Circular A-133 single audits, as well as other types of audits, is…

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Addition by Subtraction

The big hullabaloo in the auditing community over the last couple of months centered on the issuance of the 2011 revised Government Auditing Standards — which we in the industry affectionately dub the Yellow Book — and all the new…

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A New Yellow Book for Christmas

In case anyone missed it over the recent holidays, the Government Accountability Office issued the final version of the 2011 Government Auditing Standards. And since the new Yellow Book is effective for financial audits and attestation engagements for periods ending…

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So, Can You Answer These Questions Correctly?

If you are a grantee organization, how smart are you financially? Like it or not, you may have to bone up on your accounting savvy, or hire someone who is, in light of changes in the 2011 revision of the…

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You Just Gotta Hear This!

There will be some fresh voices coming across the airwaves in the upcoming months leading grants-related audio conferences for Thompson Publishing. I have heard all of them speak over the years and can attest to their professionalism and knowledge in…

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Sneak Preview: GAO Issues Interim Version of 2011 Yellow Book

(This post is based on an upcoming article in the Single Audit Information Service.) The Government Accountability Office is taking a unique approach to issuing the 2011 revision of the Government Auditing Standards. At press time, the GAO released an…

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Introducing Publication Giveaway Winner Colleen Campbell

Here she is! The second winner of our new grants publications giveaway was Colleen Campbell, statewide single audit coordinator for the Alaska Department of Administration, Division of Finance. I got in touch with her recently to find out more about…

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Is the AICPA Pulling the Federal Government’s Strings?

It’s another case of curious timing.

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Finally, Some Yellow Book Details!

Leave it to the folks in Washington, D.C. to wait until I go on vacation to finally release some details on a story that I’d been tracking on a daily basis. A couple of years ago, no sooner had I…

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Looking Forward to the AICPA Not-for-Profit Conference

Now that I have completed writing multiple stories from the National Grants Management Association’s Annual Training Conference, I’ll be on the road again next month to attend another important conference, although this one a bit closer to home. This time,…

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