What is the Yellow Book?

The term Yellow Book refers to the complete set of Generally Accepted Government Auditing Standards (GAGAS). The standards provide users with a framework for the conduct of audits of all types of government entities and entities that have received awards.

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10 Steps to a Successful Audit

10 Steps to a Successful Audit. Plan ahead. Stay up-to-date on accounting standards. Assess changes in activities. Learn from the past. Develop a timeline and assign responsibility. Organize data. Ask questions. Perform a self-review.

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