Government auditing provides the objective analysis and information needed to help improve government performance and accountability for the benefit of the American people. The professional standards presented in Government Auditing Standards 2024 Revision provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence. Such performance provides accountability and helps improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process.
The 2024 revision of Government Auditing Standards contains major changes from and supersedes Government Auditing Standards 2018 Revision Technical Update April 2021. Chapter 5, “Quality Management, Engagement Quality Reviews, and Peer Review,” in the 2024 revision replaces chapter 5, “Quality Control and Peer Review,” in the 2018 revision. In addition, application guidance is added to chapter 6, “Standards for Financial Audits,” in this 2024 revision.
Chapter 1: Foundation and Principles for the Use and Application of Government Auditing Standards.
Chapter 2: General Requirements for Complying with Government Auditing Standards.
Chapter 3: Ethics, Independence, and Professional Judgment.
Chapter 4: Competence and Continuing Professional Education.
Chapter 5: Quality Management, Engagement Quality Reviews, and Peer Review.
Chapter 6: Standards for Financial Audits.
Chapter 7: Standards for Attestation Engagements and Reviews of Financial Statements.
Chapter 8: Fieldwork Standards for Performance Audits.
Chapter 9: Reporting Standards for Performance Audits.
Glossary
Government and commercial auditors interested in Federal government activities will be interested in this report.
