AUD Prep: GAGAS Requirements on I/C vs GAAS

Government Auditing Standards require that the scope of the auditors' testing of internal control over financial reporting be described. It can be included as a separate report or in a combined report with the report on compliance with laws and regulations. Generally accepted auditing standards do not require this report.

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GAGAS Requirements on I/C vs GAAS

Government Auditing Standards require that the scope of the auditors' testing of internal control over financial reporting be described. It can be included as a separate report or in a combined report with the report on compliance with laws and regulations. Generally accepted auditing standards do not require this report.

Monique Tyler · Accepted Answer

GAGAS Requirements on Significant Deficiencies vs GAAS

An auditor is responsible for assuring that management communicates significant deficiencies to specific legislative and regulatory bodies when reporting under Government Auditing Standards. Government Auditing Standards require that each significant deficiency noted be identified.

AUD Prep

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