The Audit
Wizard
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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.
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