Financial Management and Assurance; Government Auditing Standards
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Issuing agencies
Abstract
On January 30, 2023, the U.S. Government Accountability Office (GAO) issued an exposure draft of proposed revisions to Government Auditing Standards (GAGAS), also known as the Yellow Book. To help ensure that the standards continue to meet the needs of the government community and the public it serves, the Comptroller General of the United States appointed the Advisory Council on Government Auditing Standards to review GAO's proposed revisions of the standards and consider other necessary changes. The advisory council includes experts from all levels of government, the private sector, and academia. This exposure draft includes the advisory council's input regarding the proposed changes. We are requesting public comments on the proposed revisions in the 2023 exposure draft. All comments received from the public will be considered a matter of public record and will be posted on the GAO website. GAO first issued the standards in 1972. The proposed changes in the exposure draft update GAGAS to reflect major developments in the accountability and audit professions and emphasize specific considerations applicable to the government environment.
Full Text
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<title>Federal Register, Volume 88 Issue 22 (Thursday, February 2, 2023)</title>
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[Federal Register Volume 88, Number 22 (Thursday, February 2, 2023)]
[Notices]
[Pages 7090-7091]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-02124]
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GOVERNMENT ACCOUNTABILITY OFFICE
Financial Management and Assurance; Government Auditing Standards
AGENCY: U.S. Government Accountability Office.
ACTION: Notice of document availability.
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SUMMARY: On January 30, 2023, the U.S. Government Accountability Office
(GAO) issued an exposure draft of proposed revisions to Government
Auditing Standards (GAGAS), also known as the Yellow Book. To help
ensure that the standards continue to meet the needs of the government
community and the public it serves, the Comptroller General of the
United States appointed the Advisory Council on Government Auditing
Standards to review GAO's proposed revisions of the standards and
consider other necessary changes. The advisory council includes experts
from all levels of government, the private sector, and academia. This
exposure draft includes the advisory council's input regarding the
proposed changes. We are requesting public comments on the proposed
revisions in the 2023 exposure draft. All comments received from the
public will be considered a matter of public record and will be posted
on the GAO website. GAO first issued the standards in 1972. The
proposed changes in the exposure draft update GAGAS to reflect major
developments in the accountability and audit professions and emphasize
specific considerations applicable to the government environment.
DATES: Comments will be accepted through April 28, 2023.
ADDRESSES: A copy of the exposure draft (GAO-23-106303) can be obtained
on the GAO internet page at <a href="https://www.gao.gov/yellowbook">https://www.gao.gov/yellowbook</a>.
FOR FURTHER INFORMATION CONTACT: Cecil Davis at (202) 512-9362.
SUPPLEMENTARY INFORMATION: To ensure that your comments are considered
by GAO and the advisory council in their deliberations, please submit
them by April 28, 2023. Please send your comments electronically to
<a href="/cdn-cgi/l/email-protection#732a161f1f1c04311c1c18301c1e1e161d07003314121c5d141c05"><span class="__cf_email__" data-cfemail="81d8e4ededeef6c3eeeeeac2eeecece4eff5f2c1e6e0eeafe6eef7">[email protected]</span></a>.
[[Page 7091]]
Authority: Public Law 67-13, 42 Stat. 20 (June 10, 1921).
James R. Dalkin,
Director, Financial Management and Assurance, U.S. Government
Accountability Office.
[FR Doc. 2023-02124 Filed 2-1-23; 8:45 am]
BILLING CODE 1610-02-P
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