March 21, 2011 letter commenting on the International Auditing and Assurance Standards Board's (IAASB) October 2010 Exposure Draft for a proposed International Auditing Practice Statement (IAPS) entitled "IAPS 1000, Special Considerations in Auditing Complex Financial Instruments"

This letter provides the U.S. Government Accountability Office's (GAO) comments on the IAASB's proposed practice statement regarding special considerations in auditing complex financial instruments.