Nrevised yellow book standards

Gao publishes 2018 revision to the yellow book tax. The yellow book provides standards and guidance for auditors and audit organizations, outlining the requirements for audit reports. We are not anticipating any delay in this standard as it is already in effect. The yellow book provides standards and guidance for auditors and audit organizations, outlining the requirements for audit reports, professional qualifications for auditors, and audit organization quality control. Yellow book electronic pdf edition yellow book in print available midfebruary 2017 interagency land acquisition conference. These standards, commonly referred to as generally accepted government auditing standards gagas, provide the foundation for government auditors in areas such as independence, transparency, accountability, and quality in audits over government programs. Gao issues revised yellow book standardsfinally becker. Government auditing standards the yellow book acqnotes. The revised standards also known as the yellow book, or gas were restructured by the gao to separate the standard s requirements from the application guidance see the sidebar restructured yellow book. Gao had received since the standards were originally issued, a draft of proposed revised standards was.

Government auditing standards the yellow book contains standards for. Also known as the yellow book, the revision supersedes the 2011 revision of the standards. Generally accepted government auditing standards yellow book. Presentation of all chapters in a revised format that differentiates requirements from application guidance. As you are likely aware, the gao 2018 revision of the government auditing standards also known as the yellow book are in effect for the fiscal year ended june 30, 2020. Auditors of federal, state, and local government programs use these standards to perform their audits and produce their reports. This guide will be revised andor amended as required in keeping with developments and progress in the. Yellow book revisions update independence guidance. Government accountability office gao issued a revised version of government auditing standards gas, often referred to as the yellow book yellowbook.

Last revised in 2011, the yellow book is designed to help government. Generally accepted government auditing standards, commonly referred to as the yellow book, were revised and issued in july 2018 by the. Government accountability office gao are designed to provide a framework for. Breaking down the 2018 changes to the yellow book standards for. Gao issues revised yellow book standards for government auditors. Uniform appraisal standards for federal land acquisitions. Gao updates the yellow book, the preeminent standards. There are important new regulations that auditors who perform audits under gas should be aware of, as well as some clarifying information that will also prove to be valuable to cpas. Gao issues revised yellow book standards for government. Uniform appraisal standards for federal land acquisitions 2016 the yellow book is available in an enhanced electronic version and in print from the appraisal foundation. Please visit these links to purchase your copy today.