Government Auditing Standards and Circular A-133 


    Whether you are management or the auditor of an entity receiving federal funds subject to a financial statement audit under Government Auditing Standards and a compliance audit under Office of Management and Budget (OMB) Circular A-133, it is critical to understand the requirements and complexities of these types of audits. AICPA publications provide information on recent developments, guidance, practice aids, and illustrative examples for both audits under Government Auditing Standards and Circular A-133 audits including
    • audit planning considerations based on Government Accountability Office (GAO) and OMB requirements, including the determination of major programs.
    • practical guidance in areas such as internal control, sampling, and compliance auditing.
    • compliance audit considerations for auditors performing engagements that include Recovery Act awards. 
    Also find up-to-date report requirements and comprehensive examples of reports, disclosures, and other required communication.
       

    Audit Guide Government Auditing Standards and Circular A-133 Audits

     

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    Publication Excerpt (available to AICPA Members)


    Audit Risk Alert Government Auditing Standards and Circular A-133 Developments


    Availability

    This alert is intended to be used in conjunction with Audit Risk Alert General Accounting and Auditing Developments, which explains important issues that affect all entities in all industries in the current economic climate. General topics include recently issued guidance and emerging audit risks resulting from external economic factors.

    Publication Excerpt (available to AICPA Members)


    Practice Aid Documenting and Testing Compliance and Internal Control Over Compliance in a Single Audit


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    Practice Aid 2011 Yellow Book Independence - Nonaudit Services Documentation


    Availability

    AICPA members can access the Practice Aid, in noninteractive format and without the electronic supplement at no cost by visiting the Governmental Audit Quality Center (GAQC) on the AICPA website. You must be logged in to access the document.

       




      AICPA Online Professional Library


      When you subscribe to any one of the many subscription options on AICPA Online Professional Library, you're not only getting access to the most up-to-date guidance and tools, you are also linked to all of the relevant and related literature, including the FASB and GASB libraries

      Guidance contained in the AICPA Online Professional Library has also been grouped into larger sets including varying levels of guidance. The following may be of interest to those seeking information and guidance on governmental auditing and Circular A-133 audits:




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