July 25, 2017, letter commenting on IESBA's May 2017 Exposure Draft, "Proposed Application Material Relating to Professional Skepticism and Professional Judgment"
Published: Jul 25, 2017. Publicly Released: Jul 26, 2017.
Additional Materials:
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This letter provides GAO's response to the exposure draft, Proposed Application Material Relating to (a) Professional Skepticism - Linkage with the Fundamental Principles; and (b) Professional Judgment - Emphasis on Understanding Facts and Circumstances. GAO promulgates generally accepted government auditing standards (GAGAS) in the United States. GAGAS provides a framework for conducting high-quality audits of government awards with competence, integrity, objectivity, and independence. Our comments reflect the importance we place on reinforcing the values promoted in both the International Ethics Standards Board for Accountants (IESBA) Code of Ethics for Professional Accountants (code) and GAGAS.
Nov 15, 2018
Financial Audit:
Bureau of Consumer Financial Protection's Fiscal Years 2018 and 2017 Financial StatementsGAO-19-184R: Published: Nov 15, 2018. Publicly Released: Nov 15, 2018.-
Financial Audit:
Federal Housing Finance Agency's Fiscal Years 2018 and 2017 Financial StatementsGAO-19-183R: Published: Nov 15, 2018. Publicly Released: Nov 15, 2018. -
Financial Audit:
Securities and Exchange Commission's Fiscal Years 2018 and 2017 Financial StatementsGAO-19-182R: Published: Nov 15, 2018. Publicly Released: Nov 15, 2018.
Nov 14, 2018
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Financial Management:
DOD's Report on Precommand Financial Management TrainingGAO-19-86R: Published: Nov 14, 2018. Publicly Released: Nov 14, 2018.
Nov 9, 2018
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Financial Audit:
IRS's Fiscal Years 2018 and 2017 Financial StatementsGAO-19-150: Published: Nov 9, 2018. Publicly Released: Nov 9, 2018. -
Financial Audit:
Office of Financial Stability (Troubled Asset Relief Program) Fiscal Years 2018 and 2017 Financial StatementsGAO-19-152R: Published: Nov 9, 2018. Publicly Released: Nov 9, 2018.
Nov 8, 2018
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Financial Audit:
Bureau of the Fiscal Service's Fiscal Years 2018 and 2017 Schedules of Federal DebtGAO-19-113: Published: Nov 8, 2018. Publicly Released: Nov 8, 2018.
Jul 18, 2018
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Civil Penalties:
Certain Federal Agencies Need to Improve Inflation Adjustment ReportingGAO-18-519: Published: Jul 18, 2018. Publicly Released: Jul 18, 2018.
Jul 17, 2018
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Government Auditing Standards 2018 Revision (Supersedes GAO-12-331G)GAO-18-568G: Published: Jul 17, 2018. Publicly Released: Jul 17, 2018.
Jul 16, 2018
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Management Report:
Continued Improvements Needed in Controls over the Processes Used to Prepare the U.S. Consolidated Financial StatementsGAO-18-540: Published: Jul 16, 2018. Publicly Released: Jul 16, 2018.
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