Financial Audit Manual: Volume 3, September 2021 (Updated June 2022)
GAO-21-105127
Published: Sep 15, 2021. Publicly Released: Sep 15, 2021.
The Financial Audit Manual (FAM) presents a methodology for auditors to perform financial statement audits of federal entities in accordance with professional standards. It is a tool for enhancing accountability over taxpayer-provided resources.
This June 2022 update replaces Financial Audit Manual, Volume 3 (September 2021 version) and contains the Federal Financial Reporting Checklist.
The FAM also consists of:
The U.S. Government Accountability Office (GAO) and the Council of the Inspectors General on Integrity and Efficiency (CIGIE) maintain the GAO/CIGIE Financial Audit Manual (FAM).
For more information, please visit the main Financial Audit Manual page, or contact Dawn B. Simpson at (202) 512-3406 or SimpsonDB@gao.gov.