Assessing Internal Controls in Performance Audits

Highlights

GAO presented a guide to assist its staff in evaluating internal controls related to performance audits. The guide focuses on: (1) how to evaluate internal control requirements; (2) how to determine overall risk exposure; (3) how to determine effectiveness of internal control systems; and (4) a case study of the Stafford Student Loan Program to illustrate internal control assessment.

Full Report

Full Report (50 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Auditing and Financial Management

Auditing proceduresAuditing standardsFederal agency accounting systemsFederal records managementInternal controlsProgram abusesProgram evaluationStandards evaluationGovernment auditing standardsSchools