February 8, 2022, letter commenting on International Auditing and Assurance Standards Board's Proposed International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (ISA for LCE)

This letter provides GAO's comments on the International Auditing and Assurance Standards Board's (IAASB) proposed International Standard on Auditing (ISA) for audits of financial statements of less complex entities (LCE). GAO promulgates generally accepted government auditing standards, which provide professional standards for auditors of government entities in the United States.