*HomeU.S. Government Accountability Office*
Menu

      close


          
          
                          	
				
				
	
	
					Reports & Testimonies
									
																				
				
				
	
	
								Reports & Testimonies
													
																												
																						
							
																Recommendations Database
							
																												
																						
							
																Month in Review
							
																												
																						
							
																Order Copies
							
																												
																						
							
																Restricted Reports
							
																												
																						
							
																View Topics
							
																												
																						
							
																View Agencies
							
																												
																						
							
																Bid Protests & Appropriations Law
									
																				
				
				
	
	
								Bid Protests & Appropriations Law
													
																												
																						
							
																Bid Protests
							
																												
																						
							
																Appropriations Law
							
																												
																						
							
																Federal Vacancies Reform Act
							
																												
																						
							
																Other Legal
							
																												
																						
							
																About
									
																				
				
				
	
	
								About
													
																												
																						
							
																What GAO Does
							
																												
																						
							
																U.S. Comptroller General
							
																												
																						
							
																Careers
							
																												
																						
							
																Contact UsFor Congress
                                
                          
        
                Press Center
                                
                          
        
                Careers
                                
                          
        
                BlogSearch Breadcrumb
        Home
                            Press Center
                            GAO Issues 2024 "Yellow Book," Updating The Standards For Government Auditing
    GAO Issues 2024 "Yellow Book," Updating the Standards for Government Auditing WASHINGTON (February 1, 2024)—Today, the U.S. Government Accountability Office (GAO) issued the 2024 revision of *Government Auditing Standards*, also known as the Yellow Book. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide a framework that auditors around the world use to perform high-quality audit work when reviewing government programs and spending. This revision provides updates to the 2018 version.

“This latest update enhances and modernizes the standards to perform high-quality audit work with competence, integrity, objectivity, and independence using a proactive and risk-based approach,” said Gene L. Dodaro, Comptroller General of the United States and the head of the GAO. “Implementation of these standards leads to greater accountability of government spending and improved services and operations.”

The 2024 revision enhances how audit organizations manage audit quality. Effective quality management can reasonably assure an audit organization that its people, audits, and reports adhere to professional standards and applicable laws. Updates include:

a change in approach from quality control to quality management
	a risk-based process for achieving the objectives of quality management
	provisions for optional engagement quality reviews of GAGAS engagements
	application guidance on key audit matters for financial auditsThe 2024 revision of *Government Auditing Standards* has gone through an extensive deliberative process, including public comments. The views of all parties were thoroughly considered in finalizing the standards. This revision requires an audit organization to design and implement its system of quality management by December 15, 2025.

The updated Yellow Book is available in hardcopy and digital formats. Hardcopies will be availablefrom the Government Printing Office in the near future, while digital copies can be found on GAO’s website.

For more information, contact Chuck Young, Managing Director of Public Affairs, at (202) 512-4800.

#####

*The Government Accountability Office, known as the investigative arm of Congress, is an independent, nonpartisan agency that exists to support Congress in meeting its constitutional responsibilities. GAO also works to improve the performance of the federal government and ensure its accountability to the American people. The agency examines the use of public funds; evaluates federal programs and policies; and provides analyses, recommendations, and other assistance to help Congress make informed oversight, policy, and funding decisions. GAO provides Congress with timely information that is objective, fact-based, nonideological, fair, and balanced. GAO’s commitment to good government is reflected in its core values of accountability, integrity, and reliability.*
      Next Release:
  
GAO Makes New Appointments to the Health Information Technology Advisory CommitteeDate
              Dec 20, 2023

            WASHINGTON, DC (December 20, 2023) – Gene L. Dodaro, Comptroller General of the United States and head of the U.S. Government Accountability Office (GAO), today announced the appointment of five new members to the Health Information Technology Advisory Committee (HITAC).
 Receive GAO Updates
  Stay informed as we add new reports & testimonies.

    GAO Logo
      U.S. Government Accountability Office


                                   Column 1
                            Press Center
                              Contact Us
                              Inspector General
                              Restricted Reports
                              Column 2
                            Copyright & Terms of Use
                              Privacy Policy
                              Accessibility
                              Sitemap
                              Column 3
                            FOIA Requests
                              Scam Alerts
                              No FEAR Act Data
                              Health Care Advisory Committees