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CPE for Government Auditors

The 2018 Yellow Book is OUT!

The GAO issued the 2018 version of Generally Accepted Government Auditing Standards Tuesday.

Find the online version here: https://www.gao.gov/assets/700/693136.pdf.

Find an audio summary of the changes to the standards here: https://www.gao.gov/multimedia/podcast/692926

I suggest you scan chapter 4 and specifically section 4.16 to make sure you are compliant with the CPE requirements.

Also notice that the GAO has defined the roles of a supervisor and a reviewer inside the quality control chapter in sections 5.36-5.40.

And that the Green Book (Standards for Internal Control in the Federal Government) are mentioned several times in the document: 4.23, 6.30, 7.32, 8.41 & 8.130.

I’ll get back to you soon with a more thorough analysis of the changes and what they mean for you.

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