T106: Upcoming Changes in FAM and FISCAM
- Room: Platinum 3-4
- Session Number:T106
Tuesday, July 19, 2022: 9:30 AM - 10:20 AM
Description
Gather helpful information to prepare for the latest updates to the GAO/CIGIE Financial Audit Manual (FAM) and the GAO Federal Information System Controls Audit Manual (FISCAM).
Key Take-aways
Change is coming in federal financial and information security audits. Important information on updates can prepare you for audits in the near future.
Learning Objectives
Understand important changes coming to FAM, based on new AICPA auditing standards (134-140), audit guidance in OMB Bulletin, and other updates; and to FISCAM, based on new auditing and technical standards, new technologies, and other enhancements.