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Professional Standards Update No. 65, April 2016 through June 2016

Published: Aug 18, 2016. Publicly Released: Aug 19, 2016.
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Highlights

In order to alert the audit community to changes in professional standards, GAO issues Professional Standards Updates (PSU). The purpose of these updates is to highlight the issuance and some key points of recent standards. PSUs do not contain a complete summary of the standards. Those affected by a new standard should refer to that standard for details.

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James R. Dalkin
Director
Financial Management and Assurance

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Sarah Kaczmarek
Managing Director
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Topics

Accounting standardsAuditing proceduresProfessional standardsGovernment auditing standardsRisk managementAuditing standardsStandardsFinancial reportingFinancial managementForensic audits