Advisory Council Provides Input on Exposure Draft
Jerry Ashworth
September 26, 2022 at 07:23:06 ET
The Government Auditing Standards (GAGAS) Advisory Council on Sept. 21 generally concurred with changes that the Government Accountability Office (GAO) seeks to make to Chapter 5 of GAGAS that, in an effort to mirror language in other auditing standards, would implement a quality management process for responsible auditing that incorporates a “risk-based approach,” rather than a “po...
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