Skip to main content

Lapse in Appropriations

Please note that a lapse in appropriations has caused GAO to shut down its operations. Therefore, GAO will not be able to publish reports or otherwise update this website until GAO resumes operations. In addition, the vast majority of GAO personnel are not permitted to work. Consequently, calls or emails to agency personnel may not be returned until GAO resumes operations. For details on how the bid protest process will be handled during the shutdown, please see the legal decisions page. For information related to the GAO Personnel Appeals Board (PAB), please see the PAB webpage.

August 30, 2017, letter commenting on PCAOB's June 1, 2017 Release No. 2017-002, "Proposed Auditing Standard - Auditing Accounting Estimates, Including Fair Value Measurements and Proposed Amendments to PCAOB Auditing Standards"

Published: Aug 30, 2017. Publicly Released: Aug 30, 2017.
Jump To:

Highlights

This letter provides the GAO's comments on the Public Company Accounting Oversight Board's (PCAOB) referenced proposed auditing standard and amendments. GAO promulgates generally accepted government auditing standards, which provide professional standards for auditors of government entities in the United States.

Full Report

Full Report (11 pages)
Accessible PDF (11 pages)

GAO Contacts

James R. Dalkin
Director
Financial Management and Assurance
dalkinj@gao.gov

Media Inquiries

Sarah Kaczmarek
Managing Director
Office of Public Affairs
media@gao.gov

Public Inquiries

Contact Us

Topics

Auditing and Financial Management
AccountingAuditing proceduresAuditing standardsFinancial managementRisk assessmentFinancial reportingFair valueAuditorsAudit evidenceFinancial instruments