Chapter 2General Requirements for Complying with Government Auditing Standards
Learning objectives
- Identify the two categories of professional requirements used in generally accepted government auditing standards (GAGAS or the Yellow Book).
- Recognize the relationship between GAGAS and other professional standards.
Introduction
Chapter 2 of the Yellow Book includes general requirements for complying with GAGAS that are applicable to all GAGAS engagements. The information relates to how auditors conducting GAGAS engagements identify and apply the requirements contained within GAGAS. It also contains requirements for using other audit standards in conjunction with GAGAS and for reporting compliance with GAGAS in the audit report.
Complying with GAGAS
GAGAS uses a format designed to allow auditors to quickly identify requirements and application guidance related to those requirements. GAGAS requirements are differentiated from application guidance by borders surrounding the text. The requirements are followed immediately by related explanatory material in the form of application guidance.
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