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GAO has issued a proposed update to GAGAS(https://www.gao.gov/assets/gao-23-106303.pdf). The main changes include, similar to the AICPA, a movement to quality management and a more risk based approach to quality and quality reviews. They also provide application guidance around key audit matters. Comments are due by April 28, 2023.
Do you agree with the change to QM for government audit organizations?
Watch all A&A Today videos at https://www.youtube.com/playlist?list=PLzz2wvHsZ2DNJ64dEWyHTq5BcvI1RALA-
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