Author Description

AICPA Audit Guides are developed and updated with the assistance of industry expert panels to provide guidance and discussions specific to current industry trends. The Government Auditing Standards and Circular A-133 Audits audit guide provides information and guidance for auditors performing audits under Government Auditing Standards. In addition, it provides information related to compliance audits performed in accordance with OMB Circular A-133. Updated as of February1, 2012, the guide includes relevant guidance contained in applicable standards and other technical sources. This guide provides important information to those auditors performing an audit under Government Auditing Standards and OMB Circular A-133, including sample report wording. Information and sample report wording related to the requirements of SAS No. 119 (which is now fully effective for all entities) has been fully incorporated into guide content. In addition, this guide offers clear and practical guidance in areas such as internal control, sampling, and compliance auditing. All content is reviewed by industry experts and approved by the appropriate AICPA senior committee(s). Updates significant to this edition include technical guidance contained in: SAS No. 119, Supplementary Information in Relation to the Financial Statements as a Whole; updated compliance considerations for auditors performing engagements that include Recovery Act awards; Government Auditing Standards, December 2011 Revision.