October 16, 2017, letter commenting on AICPA Professional Ethics Division's July 7, 2017 exposure draft "Proposed Interpretation and other guidance: State and Local Government Entities (formerly Entities Included in State and Local Government Financial Statements)"

This letter provides GAO's comments on the American Institute of Certified Public Accountants (AICPA) Professional Ethics Division's exposure draft entitled Proposed Interpretation and Other Guidance: State and Local Government Entities (Formerly Entities Included in State and Local Government Financial Statements). GAO promulgates generally accepted government auditing standards (GAGAS), which provide professional standards for auditors of government entities in the United States.