AGA 2017 Professional Development Training

M111 - CFS: a Mirage Coming into Focus (Room 311)

Now that all major agencies are undergoing financial statement audits, all eyes will soon focus on getting to a clean opinion on the Government-wide Consolidated Financial Statements (CFS). What changes can agencies and auditors expect from Treasury and GAO?  How might GAO’s expectations and future monitoring programs of agency auditors change to ensure consistent, high-quality agency audits?