Articles with valuable information about governmental audit quality  written by AICPA staff and expert panels, GAQC members and staff, and others are available for review by GAQC members. If you have an article related to governmental audit quality to share with GAQC members, please send an electronic copy to GAQC@aicpa.org.

View the articles by clicking on the links below:

How to Reissue a Single Audit Report
The reissuance of single audit reports is occurring more frequently partly because of an increased focus on reviewing audit quality by federal offices of inspectors general (OIGs). Numerous quality control reviews have been performed over the last several years and in some cases, errors have been found by the OIGs resulting in the need to reissue. This article addresses the various factors and actions to consider when faced with reissuing single audit reports. Learn More>>

GAQC Member Update on the National Statistical Sample of Single Audits
An interagency, interdisciplinary task force led by the U.S. Department of Education (ED) has been established to assess single audit quality. This article summarizes information and provides tips for you to consider if one of your firm’s single audits is selected for review. Learn More>>

Audit Quality Issue: Basis of Accounting
This article discusses entities that have been preparing their financial statements on the basis of accounting that is used to report and claim expenditures from the awarding agency (the award basis). Some auditors have been issuing unqualified reports on these financial statements in error. Learn More>>

Applying the 50%/ 25% Rule for Selecting Federal Programs to Test The purpose of this article is to discuss some common problems that have been encountered when applying the 50%/25% rule to select federal programs to test as major programs in accordance with Section _.520(f) of Circular A-133.  Learn More>>