Considerations of a Governments Ability to Continue as a Going Concern
The consideration of an entity’s ability to continue as a going concern is required in every audit performed under generally accepted auditing standards (GAAS) and is an especially important consideration in the current state of the economy. This article discusses unique...
Published on July 06, 2011
GAQC Alert No. 91
Auditors with educational entities should be aware that effective Monday, September 29, 2008, participants in the Common Fund Short Term Fund (the Short Term Fund) have had their liquidity in the fund substantially restricted.
Published on December 13, 2012
GAQC Alert No. 172
Important News and Information for GAQC Members.
Published on August 23, 2011
GAQC Alert No. 211
OMB Proposes Sweeping Revisions to Circular A-133 and Other Grants Management Requirements
Published on February 01, 2013
The GASBs Pension Standards Part II Considerations for Agent Plans and Participating Employers Member Web Event
This GAQC Web event, Part II of a two-part series, is intended to provide key information to financial statement preparers (both plans and employers), as well as their auditors on the nuances of issues related to agent multiple employer plans.
Published on May 20, 2014
The GASBs Pension Standards Part I Considerations for Cost-Sharing Plans, Participating Employers Member Web Event
This GAQC archived Web event on the GASB’s Pension Standards is intended to provide key information to financial statement preparers (both plans and employers), as well as their auditors, on the nuances of issues related to cost-sharing multiple employer plans.
Published on May 20, 2014
GAQC Alert No. 96
Today, the U.S. Department of Housing and Urban Development (HUD) issued guidance providing Public Housing Agencies (PHAs) with guidance on how to meet the requirements for preparing the required financial data schedule (FDS), as well as the related auditor reporting.
Published on August 02, 2010
GAQC Alert No. 216
Single Audit News and Other Important Information
Published on April 05, 2013
GAQC Alert No. 118
Late yesterday, the Office of Management Budget (OMB) issued the long awaited addendum to the March 2009 Compliance Supplement titled, Compliance Supplement Addendum #1 (the Addendum).
Published on December 24, 2013
GAQC Alert No. 123
The purpose of this GAQC Alert is to provide you with updated information that the Office of Management and Budget (OMB) has asked us to relay to our members relating to major program determination when an entity has expended funds received under the "Recovery Act".
Published on November 20, 2012