Wednesday, March 1, 2017

Recording: GAO's Yellow Book Exposure Draft

Start Date: 3/1/2017 2:00 PM EST
End Date: 12/31/2025 11:45 PM EST

Event Website: http://www.nasact.org/webinars

Organization Name: NASACT

Contact:
Anna Peniston
Email: apeniston@nasact.org
Phone: 8592761147

TO VIEW THIS WEBINAR RECORDING, PLEASE REGISTER ABOVE. YOU WILL RECEIVE A LINK TO THE RECORDING UPON COMPLETION OF THE REGISTRATION.

GAO's Yellow Book Exposure Draft - What Changes are Ahead?
Live event date: March 1, 2017

COST 

Member Offices: $0
Other Government and Non-government Offices: $49


CPE Credits

CPE is not offered for viewing webinar recordings.


OVERVIEW

GAO plans to issue an exposure draft of proposed revisions to Government Auditing Standards (Yellow Book) in early 2017. The proposed revision represents a modernized version of the standards that considers developments in the accounting and auditing professions. The changes are intended to reinforce the principles of transparency and accountability and provide the framework for high-quality government audits. The revision is expected to include changes in the areas of auditor competence, continuing professional education, internal control, quality control and external peer review.

As the exposure draft will not be released before the webinar, GAO plans to discuss what they expect to be the most significant changes. As part of this, GAO will spend a part of the webinar discussing frequently asked questions from its technical inquiry network. GAO will discuss how it plans to address these common questions in the exposure draft.


The NASACT Community

NASACT serves as the premier organization working to bring together state auditors, state comptrollers and state treasurers to cooperatively address government financial management issues. NASACT also manages two secretariats - the National State Auditors Association (NSAA) and the National Association of State Comptrollers (NASC). Both NSAA and NASC are included under the umbrella of NASACT’s budget and utilize staff hired by NASACT.