May 15, 2018, letter commenting on AICPA's November 2017 Exposure Draft, "Proposed Statements on Auditing Standards - Auditor Reporting and Proposed Amendments - Addressing Disclosures in the Audit of Financial Statements"
Published: May 15, 2018. Publicly Released: May 16, 2018.
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Highlights
This letter provides GAO's response to the exposure draft, Proposed Statements on Auditing Standards - Auditor Reporting and Proposed Amendments - Addressing Disclosures in the Audit of Financial Statements. GAO promulgates generally accepted government auditing standards (GAGAS), which provide professional standards for auditors of government entities in the United States.