2023 Yellow Book Exposure Draft and Comments
We are proposing a 2023 revision of the Yellow Book, which updates Chapter 5: Quality Control and Peer Review. The proposed revision reflects enhancements to strengthen an audit organization’s framework for conducting high-quality engagements through its system of quality management. We are also proposing guidance to address key audit matters in financial audits.
Yellow Book revisions undergo an extensive, deliberative process, including public comments and input from the Comptroller General's Advisory Council on Government Auditing Standards. GAO considers all Yellow Book comments and input from the Comptroller General's Advisory Council on Government Auditing Standards when finalizing revisions to the standards. Read more in our press release.
GAO received comments on the Exposure Draft from January 30, 2023 through April 28, 2023. Comments that we received and reviewed are posted below.
Comments Received:
Number | Respondent | Affiliation | Letter |
---|---|---|---|
1 | Christopher Hanks | PDF (1 Page) | |
2 | Scott DeViney | AGA Financial Management Standards Board | PDF (3 Pages) |
3 | Sherrill F. Norman | State of Florida, Auditor General | PDF (3 Pages) |
4 | Gerry Boaz | Tennessee Comptroller of the Treasury, Department of Audit | PDF (2 Pages) |
5 | Barbara E. Poirier | Department of Homeland Security, Office of Inspector General | PDF (1 Page) |
6 | Leita Hart-Fanta | Yellowbook-CPE.com | PDF (10 Pages) |
7 | Robert S. Lalor | 80th Training Command, US Army | PDF (1 Page) |
8 | Michael C. Westfall | Virginia Office of the State Inspector General (OSIG) | PDF (4 Pages) |
9 | Staci A. Henshaw | Virginia Auditor of Public Accounts | PDF (2 Pages) |
10 | Kristen Schnatterly | Social Security Administration OIG, Office of Audit | PDF (4 Pages) |
11 | Timothy M. O'Brien | City and County of Dever Auditor's Office | PDF (3 Pages) |
12 | John C. Geragosian | National State Auditors Association (NSAA) | PDF (4 Pages) |
13 | Chris Clarke | Kansas Legislative Division of Post Audit | PDF (2 Pages) |
14 | Lisa Maring | Pennsylvania Auditor General, Office of Quality Control and Training | PDF (1 Page) |
15 | Matthew P. Grady | Killeen, Texas City Auditor | PDF (1 Page) |
16 | Vickie Murphy | Arizona Department of Transportation | PDF (2 Pages) |
17 | Richard N. Reisig | National Association of State Boards of Accountancy (NASBA) | PDF (4 Pages) |
18 | Kerrey M. Olden | KPMG LLP | PDF (4 Pages) |
19 | Georgette G. Beauchamp | Massachusetts Office of State Auditor | PDF (2 Pages) |
20 | Catherine Syslo | CohnReznick | PDF (4 Pages) |
21 | Marlene V. Hartinger | Oregon Department of Transportation | PDF (3 Pages) |
22 | Dawn Wiseman | Association of Local Government Auditors (ALGA) | PDF (5 Pages) |
23 | Lenora Gumbs | Naval Audit Service | PDF (3 Pages) |
24 | Stephen D. Kirk | American Association of State Highway and Transportation Officials (AASHTO) | PDF (2 Pages) |
25 | Paul Brown | Florida Institute of Certified Public Accountants | PDF (3 Pages) |
26 | Angus Maciver | Montana Legislative Audit Division | PDF (3 Pages) |
27 | Richard C. Culbertson | Asset Leadership Network | PDF (7 Pages) |
28 | Elizabeth L. Casciaro | U.S. Army Audit Agency | PDF (5 Pages) |
29 | Melissa Burke | Ernst & Young LLP | PDF (2 Pages) |
30 | Jeff Hughes | Grant Thornton LLP | PDF (5 Pages) |
31 | Debbie Harker (NSF OIG) | Council of Inspectors General on Integrity & Efficiency (CIGIE) | XSLX |
32 | Ralph DeAcetis | PricewaterhouseCoopers LLP | PDF (4 Pages) |
33 | Brian Schebler | RSM US LLP | PDF (2 Pages) |
34 | Natalie H. Gibson | Montana Department of Transportation | PDF (3 Pages) |
35 | Tracey Guidry Cooley | Deloitte & Touche LLP | PDF (5 Pages) |
36 | Scott Woelfle | Office of the Washington State Auditor | PDF (3 Pages) |
37 | Michael Ramsey | Assistant Secretary of the Army, Financial Management & Comptroller | PDF (5 Pages) |
38 | Kim Meyer | Peer Review Alliance | PDF (5 Pages) |
39 | Linda Gabor | Pennsylvania Institute of Certified Public Accountants | PDF (2 Pages) |
40 | Zachary M. Williams | Department of Defense OIG | PDF (2 Pages) |
41 | Anthony J. Pugliese | Institute of Internal Auditors (IIA) | PDF (4 Pages) |
42 | Mary M. Foelster | American Institute of CPAs (AICPA) | PDF (3 Pages) |
43 | Kat Scoggin | San Francisco Department of Police Accountability | PDF (1 Page) |