W113: Internal Controls in Performance Audits
- Room: Grand F
- Session Number:W113
Wednesday, July 20, 2022: 1:00 PM - 1:50 PM
Description
GAO's Standards Director and a panel of performance auditors will explain how updates to GAGAS may impact the way auditors consider internal controls when conducting performance audits. Learn what’s new and what’s needed.
Key Take-aways
Key Takeaways:
• Government auditors must know how to properly assess internal controls in performance audits.
• Knowing how to consider internal controls may lead to better findings and recommendations in reports.
Learning Objectives
Gain insights into GAGAS, issued by the U.S. Comptroller General, and their requirements for assessing internal controls in performance audits, depending on the audit objective. Find out the latest in how to consider internal control components in a performance audit.