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Author Question: The auditing standards of the Yellow Book are consistent with the ten generally accepted auditing ... (Read 214 times)

krabuske

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Question 1

In addition to an opinion on whether the financial statements are in accordance with GAAP, identify four other reports required by the OMB Circular A-133/2 CFR 200 subpart F.

Question 2

The auditing standards of the Yellow Book are consistent with the ten generally accepted auditing standards of the AICPA. There are, however, important additions/modifications in the Yellow Book. For example, the Yellow Book recognizes that materiality and risk are lower due to the nature of the government enterprise. Discuss the other additions/modifications.


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Marked as best answer by krabuske on Aug 21, 2022

bobbbbb

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krabuske

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Reply 2 on: Aug 21, 2022
:D TYSM


amandalm

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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