November 2, 2018, letter commenting on IAASB's July 2018 Exposure Draft, "Proposed International Standard on Auditing 315 (Revised), Identifying and Assessing Risks of Material Misstatement and Proposed Consequential and Conforming Amendments to Other ISAs"

This letter provides GAO's response to the exposure draft, Proposed International Standard on Auditing 315 (Revised), Identifying and Assessing Risks of Material Misstatement and Proposed Consequential and Conforming Amendments to Other ISAs (ED-315). GAO promulgates generally accepted government auditing standards, which provide professional standards for auditors of government entities in the United States.