TITLE

GAO Yellow Book Exposure Draft Game Changer

PUB. DATE
February 2011
SOURCE
Governmental GAAP Update Service;2/28/2011, Vol. 11 Issue 4, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on a paragraph in the changes proposed by the General Accountability Office (GAO) to Government Auditing Standards. It says that if the provision is approved, which will separate the auditing and preparation of government financial statements, the relationships between independent auditors and local governments will be further improved. It states that the transition period will be difficult and will demand the cooperation among independent auditors.
ACCESSION #
58663203

 

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