Tag Archives: GAS

Goals and Objectives of Governmental Financial Statements

Governmental financial statements are unique in the world of accounting, and the recent flurry of new accounting pronouncements has added to the uniqueness. For perspective, the Governmental Accounting Standards Board (GASB) has issued 13 pronouncements in the last five years, … read more >

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Understanding the New Independence Rules Related to Financial Statement Preparation

Have you heard of the new Yellow Book or Government Auditing Standards issued by the Governmental Accountability Office?   If not, that’s OK – this article aims to provide you with some critical information to be aware of for the upcoming … read more >

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A Perfect Audit

Is it possible? Does such a thing as a perfect audit exist? What defines a perfect audit for you? If I had to write a definition, based on many years of performing audits and talking with clients, I believe most … read more >

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