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Government Auditing Standards: Auditor Communication (Exposure Draft)

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Report Type Reports and Testimonies
Report Date July 8, 1998
Report No. GAGAS-ED-2
Subject
Summary:

This document describes proposed changes to Government Auditing Standards, commonly known as the "yellow book." These changes add a field work standard and amend a reporting standard for financial statement audits to improve auditor communication concerning the auditor's work on compliance with laws and regulations and internal controls over financial reporting with the auditee and users of the auditor's reports. GAO describes the process followed in revising the standards, discusses the proposed changes, outlines the format of this exposure draft, and requests comments from interested parties on these proposed revisions.

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