Table of Contents

Introduction

Purpose and Applicability of GAGAS

Use of Terminology to Define Professional Requirements in GAGAS

Stating Compliance with GAGAS in the Auditors' Report

Relationship between GAGAS and Other Professional Standards

Types of GAGAS Audits and Attestation Engagements

Introduction

Ethical Principles

Introduction

Independence

Professional Judgment

Competence

Quality Control and Assurance

Introduction

AICPA Field Work Standards

Additional Government Auditing Standards

Additional Considerations for GAGAS Financial Audits

Introduction

AICPA Reporting Standards

Additional Government Auditing Standards

Introduction

AICPA General and Field Work Standards for Attestation Engagements

Additional Government Auditing Standards

Additional Considerations for GAGAS Attestation Engagements

AICPA Reporting Standards for Attestation Engagements

Additional Government Auditing Standards

Introduction

Reasonable Assurance

Significance in a Performance Audit

Audit Risk

Planning

Supervision

Obtaining Sufficient, Appropriate Evidence

Audit Documentation

Introduction

Reporting

Report Contents

Distributing Reports

Appendix I: Supplemental Guidance

Introduction

Overall Supplemental Guidance

Information to Accompany Chapter 1

Information to Accompany Chapter 3

Information to Accompany Chapter 7

Information to Accompany Chapter 8

Appendix II: Comptroller General's Advisory Council on Government Auditing Standards

Advisory Council Members

GAO Project Team

AICPA American Institute of Certified Public Accountants

AU AICPA Codification of Statements on Auditing Standards

CPA certified public accountant

CPE continuing professional education

COSO Committee of Sponsoring Organizations of the Treadway Commission

GAAP generally accepted accounting principles

GAGAS generally accepted government auditing standards

GAO U.S. Government Accountability Office

IAASB International Auditing and Assurance Standards Board

IIA Institute of Internal Auditors

ISA International Statements on Auditing

ISACA Information Systems Audit and Control Association

MD&A management's discussion and analysis

OMB U.S. Office of Management and Budget

PCAOB Public Company Accounting Oversight Board

SAS Statements on Auditing Standards

SSAE Statements on Standards for Attestation Engagements