- GAAS
- GAGAS - the Yellow Book (Generally Accepted Government Auditing Standards)
- Single Audit Act
Government Audit Scope (based on the Yellow Book)
In additional to financial statements, audit should include the following considerations:
- Program results
- Compliance with laws & regulations
- Economy & efficiency
Types of Independence Impairments:
- External - undue influence threat to impact auditor's objective judgment
- Organizational - auditor is in the same reporting unit as the audited entity
- Personal - auditor having personal connection/interest in the audited entity
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