Tag Archives: Yellow Book

GAO Issues 2018 Revision of the Government Auditing Standards

After seven years, the Government Accountability Office (GAO) yesterday issued a new revision of the Government Auditing Standards, also known as the “Yellow Book,” which assists government auditors at the federal, state and local levels produce high-quality audits that reflect…

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Sneak Preview: 2018 Yellow Book Will Not Require Review on Waste

(The following was excerpted from a recent article in the Single Audit Information Service.) A partner with KPMG LLP and member of the Government Auditing Standards (GAGAS) advisory council recently explained why a requirement for auditors to assess waste and…

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GAO Plans To Issue Revised Yellow Book This Summer

For all those auditors and auditees out there who have waited seven years for the next revision of the Government Auditing Standards (GAGAS), also known as the Yellow Book, the wait may be over in the next couple of months….

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Sneak Preview: GAO Plans Extensive Review Of Yellow Book Comments

(The following was excerpted from a recent article in the Single Audit Information Service.) Government Accountability Office (GAO) officials over the next several months plan to review the more than 90 public comments that GAO received in reference to its…

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Sneak Preview: GAO Reconsidering Its Approach on Proposed GAGAS Interpretation

(The following was excerpted from an article in the Single Audit Information Service.) After hearing concerns in recent months about its interpretations to the Generally Accepted Government Auditing Standards, also known as the Yellow Book, the Government Accountability Office 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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Who Knew Dec. 15 Would Be Such an Important Day?

Tomorrow could be a big day in the grants management and audit arena. Here are a couple of items we’re watching closely.

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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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