August 15, 2016, letter commenting on PCAOB's May 2016 Release No. 2016-003 - "Proposed Auditing Standard - The Auditor's Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion and Related Amendments to PCAOB Standards"

This letter provides the U.S. Government Accountability Office's (GAO) responses to the Public Company Accounting Oversight Board's (PCAOB) Release Number 2016-003, Proposed Auditing Standard - The Auditor's Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion and Related Amendments to PCAOB Standards (hereafter Release No. 2016-003 or the Reproposal). GAO promulgates generally accepted government auditing standards, which provide professional standards for auditors of government entities in the United States.