AUDIT STANDARDS: If you need assistance all you have
to do is call and I will be happy to help you out any way that I can.
AUDIT GUIDE:
Every year the AICPA issues a new audit Guide: "Government Auditing
Standards and Circular A-133 Audits." Please read the current
Guide.
AUDIT RISK ALERT: Please read the current
Government Audit Risk Alert before you start (or finish) your next
government audit. There is also a Single Audit Risk Alert that you should
read if you are performing an A-133 audit.
YELLOW BOOK: The
latest Yellow Book was issued on
February 1, 2007. Go to www.gao.gov and click
on Government Auditing Standards (The Yellow Book) January 2007
Revision. Remember that the current Yellow Book adopts the AICPA standards on a continuing basis and therefore as the new standards
become effective they will apply to Yellow Book audits.
SINGLE AUDIT NEWS:
For the most current audit reports go to the
AICPA Government Quality Control Center homepage.
COMPLIANCE SUPPLEMENT:. OMB issues a revised Compliance Supplement
every Spring. The latest Compliance Supplement should be used in planning
all A-133 audits.
The
supplement is available through the OMB Home Page. Go to "Documents" then
go to "Grants Management" then see the A-133 literature.