Chapter 9Reporting Standards for Performance Audits
Learning objectives
- Identify the reporting requirements under generally accepted government auditing standards (GAGAS) for performance audits.
- Recognize the required contents of a performance audit report.
Introduction
Chapter 9 of GAGAS contains reporting requirements and guidance for performance audits conducted in accordance with GAGAS. The reporting requirements provide a comprehensive approach for auditors to use when communicating the results of the performance audit.
For performance audits conducted in accordance with GAGAS, the requirements and guidance in chapters 1-5, and 8 of the Yellow Book also apply.
The reporting requirements for performance audits include the following:
- Reporting auditors’ compliance with GAGAS
- Report format
- Report content, including
- Reporting findings, conclusions, and recommendations
- Reporting on internal control
- Reporting on noncompliance with provisions of laws, regulations, contracts, and grant agreements
- Reporting on instances of fraud
- Reporting findings directly to parties outside the audited entity
- Obtaining the views of responsible officials
- Report distribution
- Reporting confidential or sensitive information
- Discovery of insufficient evidence after report release
Reporting on auditors’ compliance with GAGAS
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