Tag Archives: Generally Accepted Government Auditing Standards

Updating Government Auditing Standards – The 2017 Yellow Book Exposure Draft

Today we issued an exposure draft containing proposed updates to Generally Accepted Government Auditing Standards, also known as the “Yellow Book.” We invite your comments on the proposed changes, which reflect developments in the accounting and auditing profession.

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Following the Money: The Audit Trail

You may remember from your elementary school civics class (or our previous Watchblog posts) that Congress allocates the money that executive branch agencies use to carry out their work. But who makes sure these agencies are spending this money correctly? … Continue reading

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