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.
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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.