About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

C00719 1 (2011-10-14)

handle is hein.gao/gaobadqll0001 and id is 1 raw text is: Memorandum Date: October 14, 2011 To: GAO's Financial Management and Assurance Team (FMA) CIGIE Financial Audit Community From: James R. Dalkin, Director - FMA Kristen Kociolek, Assistant Director - FMA Tom Hackney, Senior Auditor - FMA Subject: Professional Standards Update No. 56* May through September 2011 In order to alert you to changes in professional standards, we issue Professional Standards Updates. The purpose of these updates is to highlight the issuance and some key points of recent standards. Professional Standards Updates do not contain a complete summary of the standards. Those affected by the new standards should refer to the relevant standard for details. Thanks to Theresa Phipps for her contributions to this issue which contains summaries of: Auditing and Attestation Standards and Guidance GOVERNMENT ACCOUNTABILITY OFFICE (GAO) * 2011 Internet Version of Government Auditing Standards * Summary of Major Changes - 2011 Internet Version of Government Auditing Standards AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (AICPA) and the AICPA AUDITING STANDARDS BOARD (ASB) * Clarified SAS: Reporting on Compliance With Aspects of ContractualAgreements or Regulatory Requirements in Connection With Audited Financial Statements (Redrafted) * Clarified SAS: Interim Financial Information (Redrafted) * Audit Guide: Service Organizations: Applying SSAE No. 16, Reporting on Controls at a Service Organization * Audit Guide: GovernmentAuditing Standards and CircularA-lSSAudits * Audit Risk Alert: State andLocal Governmental Developments * Interpretation No. 1, Dating the Auditor's Report on Supplementary Information of AU section 551, Supplementary Information in Relation to the Financial Statements as a Whole * Codifying the Code of Professional Conduct (Journal ofAccountancy) INSTITUTE OF INTERNAL AUDITORS (IIA) * Practice Guide: Auditing the Control Environment Regulatory Requirements OFFICE OF MANAGEMENT AND BUDGET (OMB) * OMB Circular A-133 - Compliance Supplement * M-11-17- Delivering on the Accountable Government Initiative and Implementing the GPRA Modernization Act of 2010 Previously issued Professional Standards Updates can be found at httD://wWW.ao. ov/govaud/su.htm

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most