The Government Accountability Office released an updated edition of the so-called “ Yellow Book ” on Generally Accepted Government Auditing Standards, the first revision since 2011. The Yellow Book is ...

Generally Accepted Accounting Principles and Governmental Auditing Standards differ and cover different aspects of the financial reporting process. GAAP defines how businesses, both public and private ...

The AICPA Auditing Standards Board (ASB) issued an interpretation Friday to help auditors comply with reporting requirements under both AU-C Section 700 and PCAOB Auditing Standard No. 3101. Auditing ...

Revised standards issued by the U.S. Government Accountability Office (GAO) are designed to provide a framework for high-quality governmental audits, which include audits of government entities and ...

The American Institute of CPAs is proposing to revise its quality management standards to take a more risk-based approach targeted at the types of engagements performed by the CPA firm. The AICPA’s ...

The Securities and Exchange Commission has settled with New Orleans-based auditor Luther Speight and Company and its principal Luther Speight for violating the antifraud provisions of the Securities ...

Hans von Spakovsky is an authority on a wide range of issues—including civil rights, civil justice, the First Amendment, immigration. Conducting comprehensive election audits should be a routine ...