Tag Archives: audits

All About Agency Financial Statement Auditing

Every year, GAO audits selected agencies’ financial statements and the consolidated financial statements of the federal government. We’ve discussed the results of our federal government audit on the WatchBlog before, but we wanted to provide more context on the agency-level … Continue reading

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What Is the Yellow Book?

Since 1972, GAO has produced and maintained Government Auditing Standards, also known as the Yellow Book. The Yellow Book is the book of standards and guidance for auditors and audit organizations, outlining the characteristics of good audit reports, professional qualifications … Continue reading

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An Introduction to GAO’s Key Issues

Each year, we issue hundreds of reports on topics spanning the full breadth and scope of the federal government’s responsibilities. In fiscal year 2013, we issued 709 reports, made 1,430 new recommendations, and testified at 114 congressional hearings. We developed … Continue reading

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