June 21, 2023 letter commenting on the International Organization of Supreme Audit Institutions' March 2023 exposure drafts: International Standards of Supreme Audit Institutions 140, "Quality Management for SAIs", and 100, "Fundamental Principles of Public-Sector Auditing"

This letter provides GAO's response to the International Organization of Supreme Audit Institutions' (INTOSAI) request for comments on proposed International Standard of Supreme Audit Institutions (ISSAI) 140, Quality Management for Supreme Audit Institutions, and proposed ISSAI 100, Fundamental Principles of Public Sector Auditing. An effective system of quality management can provide supreme audit institutions (SAI) with reasonable assurance that their audits and other work are consistently performed with a high level of quality in accordance with ISSAIs and applicable legal and regulatory requirements. The public interest is best served by the consistent performance of high-quality audit engagements.