The Government Accountability Office's third volume of the
Financial Audit Manual (FAM) includes changes that have occurred in
auditing financial statements in the U.S. government since the last
major revisions to the FAM were issued in July 2004.
The revisions to the manual are primarily due to changes in:
* Professional auditing and attestation standards of the
AICPA's Auditing Standards Board;
* GAO's Government Auditing Standards;
* Office of Management and Budget audit and reporting guidance; and
* Federal Accounting Standards Advisory Board accounting standards.
Download a copy of the manual at
www.gao.gov/cgi-bin/getrpt?GAO-07-1173G.
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