In our fiscal year 2008 audit, we did not identify any deficiencies in internal control over financial. Government accountability office gao and the council of the inspectors general on integrity and efficiency cigie. Government accountability office gao and the presidents council on integrity and efficiency pcie maintain the gao pcie financial audit manual fam. Audit report oig09023 audit of the financial crimes enforcement networks. Gao internal guidanceresource 71717 using probability. Audit ofsbas fy 2008 financial statements management letter report no. As part of its audit, lani eko issued and is responsible for the accompanying management letter that discusses certain matters involving internal control and its operation that were identified during the audit. The fam provides guidance for performing financial. Government accountability office gao and the presidents council on integrity and efficiency pcie maintain the gaopcie financial audit manual fam. Auditing procedures, auditing standards, auditors, audits, federal agencies, financial statement audits, internal auditors, internal audits. Government auditing standards issued by the comptroller general of the united states yellow book. Gao18625g, financial audit manual, volume 2, june 2018. A6, government auditing standards, the government accountability office council of inspectors general on integrity and efficiency gao cigie financial audit manual fam, federal information system controls audit manual fiscam, and the federal financial. Federal financial management improvement act of 1996 ffmia p.
Integrity and efficiency pcie maintain the gao pcie financial audit manual fam. Pensions fiscal years 2009 and 2008 financial statements. Compliance 817 federal employees retirement system act of 1986 fers, 5 u. In its audit of naras financial statements, cgs opinion states that the financial statements present fairly, in all material respects, the financial position of nara as of september 30, 2008. Gao internal guidanceresource 71717 using probability, nonprobability, and. As part of its audit, gka issued and is responsible for the accompanying management letter that discusses a matter involving internal control over financial reporting that was identified during the audit, but was not required to be included in the audit. Financial audit manual issued jointly by gao and the presidents council on integrity and efficiency. Federal agency financial managementaccounting directors. The fam, which consists of three volumes, presents a methodology to perform financial statement audits of federal entities in accordance with professional standards.
The development of the joint pcie gao financial audit manual fam has provided a common framework and methodology for federal financial statement 1 jul 2008 this letter transmits the revised financial audit manual fam volume 1 of the fam volume 1 also includes the effects on financial audits. Joint gao and cigie methodology for performing financial statement audits of federal entities. The revised financial audit manual will incorporate new requirements from gao s 2011 yellow book, and the american institute of cpas attestation engagement standard no. Financial audit manual update 1 financial audit manual update. Audit of the office of the comptroller of the currencys fiscal years 2008 and 2007 financial statements january 8, 2009. The following reports, prepared by kpmg llp, are incorporated in the attachment. Download it once and read it on your kindle device, pc, phones or tablets. Federal government in improving financial reporting through the timely identification, discussion, and recommendation of solutions to accounting and auditing issues within the framework of existing authoritative literature. Guidance issued by the government accountability office with an abstract that begins this publication has been superseded by gao 08586g, financial audit manual. The contract required that the audit be performed in accordance with generally accepted government auditing standards. The fam, which consists of three volumes, presents a methodology to perform financial. Guidance issued by the government accountability office with an abstract that begins this publication supersedes gao0881g, audit manual. The audits were conducted in accordance with the following audit standards. Page 1 gao08586g fam volume 2 july 2008 to audit officials, agency cfos, and others interested in federal financial auditing and reporting this letter transmits the revised financial audit manual fam volume 2 of the government accountability office gao and the presidents council on integrity and efficiency pcie.
Gaopcie financial audit manual including april 2003 update. Government accountability office gao and the presidents council on integrity and efficiency pcie maintain the gao pcie financial audit manual. Audit council of the inspectors general on integrity and. Meeting minutes for the council of the inspectors general. The financial audit manual, last revised in 2008, is currently being updated. To audit officials, agency chief financial officers, and others interested in federal financial auditing and reporting. Under a contract monitored by the office of inspector general, gka, p. Office of the comptroller of the currency fiscal year 2008. Guidance issued by the government accountability office with an abstract that begins this publication supersedes gao 0882g, financial audit manual. The following reports, prepared by gka, are incorporated in the attachment. General accounting office, financial audit manual, pcie gao fam 2008 washington, d. Financial audit manual update council of the inspectors general. For the first time, gmra tasked treasury to prepare consolidated financial statements for.
The financial audit manual fam is a joint effort between gao and the council of the inspectors general on integrity and efficiency cigie. This publication supersedes gao0881g, audit manual. Audit report united states department of the treasury. Id aop fy 09 gaopcie financial audit reference jodyrose. The gao presidents council on integrity and efficiency pcie financial audit manual.
Auditing attestation standards gaas yellow book gagas omb audit. The fam is a key tool for enhancing accountability over taxpayerprovided resources. Reporting 1003 financial statement audit completion checklist july 20 08 gao pcie financial audit manual page 10031 1003 financial statement audit completion checklist entity. Committee members on volume 1 and shared them with the government accountability office gao. Chapter 84 july 2008 gao pcie financial audit manual page 8175 name of entity. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. You may download the full volumes in pdf format or the individual sections in a word document that can be used with your own data. To audit officials, agency cfos, and others interested in federal financial auditing and reporting this letter transmits the exposure draft of volume 2 of the government accountability office gao and the presidents council on integrity and efficiency pcie financial audit manual. This publication supersedes gao08585g, financial audit manual. Gao pcie financial audit manual, and applicable office of management and budget bulletin, audit requirements for federal financial. This letter transmits the revised financial audit manual fam of the u. Gao gaopcie financial audit manual including april 2003. Management letter for fiscal year 2008 audit of the.
Gka, an independent certified public accounting firm, performed an audit of the financial statements of occ as of september 30, 2008. Financial statements, as amended, and the gao pcie financial audit manual. Guidance issued by the government accountability office with an abstract that begins the u. Rymer reported that volume 2 of the financial audit manual fam had been approved and was awaiting issuance.
The fam provides guidance for performing financial statement audits of federal entities. Use features like bookmarks, note taking and highlighting while reading gao pcie financial audit manual. Omb issues guidance on auditing financial statements of executive agencies, as promulgated by the. Page 1 gao08585g fam volume 1 july 2008 to audit officials, agency cfos, and others interested in federal financial auditing and reporting this letter transmits the revised financial audit manual fam volume 1 of the government accountability office gao and the presidents council on integrity and efficiency pcie. Financial audit manual government accountability office. How would these recommendations improve federal financial reporting. This publication supersedes gao0882g, financial audit manual.
Financial audit manual update powerpoint ppt presentation. Government accountability office gao and the presidents council on integrity and efficiency pcie maintain the gaopcie financial. Office of federal financial management financial statement audits. The fam provides guidance for performing financial statement audits. The following is an excerpt from the gao pcie financial audit manual, july 2008, pages 4503 through 4504. Ppt financial audit manual update powerpoint presentation, free.