What's New

What's New?


AGA/IIA GAC Virtual "Fall Into Training" Member Appreciation Training

The AGA Chicago Chapter and the Chicago IIA Government Advisory Committee are pleased to offer a vitural training opportunity on September 2, 9, and 16, 2020.  For additional information and to register, please visit the IIA Chicago Chapter's events website.
Posted: 08/14/20

 

Chief Internal Auditor Position

The Illinois Housing Development Authority is currently seeking a Chief Internal Auditor.  For additional information on this position and to apply, please visit the ADP Work Force Now's Career Center.
Posted: 08/10320

 

GAO Government Auditing Standards "Yellow Book" 2018 Revision

Released July 17, 2018
 

 

Effective Date -
For financial audits, attestation engagements, and reviews of financial statements for periods ending on or after June 30, 2020, and for performance audits beginning on or after July 1, 2019.  Early implementation is permitted.

Link to 2018 Yellow Book PDF and GAO PODCAST: Yellow Book Updates -
https://www.gao.gov/products/GAO-18-568G

Some of the Key Changes Include -

  • A new format that differentiates requirements from application guidance
  • Updated independence requirements for auditors who prepare the financial statements of an audited entity
  • Revised peer review requirements for audit organizations
  • New guidance to address waste and abuse as defined under government auditing standards
  • Updated internal control guidance for performance audits

Posted: 09/12/18