This GAQC Alert informs you about the following new resources and updates:
A new GAQC Practice Aid on documenting independence considerations when performing non audit services in audits under Government Auditing Standards (i.e., the Yellow Book).The GAQC 2023 Office of Management and Budget (OMB) Compliance Supplement Resource Center is now available.
The GAQC comment letter on the 2023 OMB Compliance Supplement (Supplement) is now posted.
The Department of Education has issued updated guidance for auditing the 90/10 revenue calculation.