Why the “Yellow Book” is really gold - performance auditing standards | Government brief (2020)

Whether myth or truth, rumor has it, the “Yellow Book” was originally titled, “The Golden Rules of Auditing.” Generally Accepted Government Auditing Standards (GAGAS) for performance audits are the gold standard for governmental operational audits. The standards provide auditors with the framework they need for a solid, fully-supported product – exactly what the public demands for accountability and improvements when it comes to any taxpayer-funded program or operation. Performance audits also provide the end user of the report – citizens,