Reporting Under Government Auditing Standards
Additional Reporting Requirements
Government audits often require reports beyond the standard auditor's report. Under Government Auditing Standards, auditors communicate significant deficiencies, material weaknesses, and instances of material noncompliance. When performing a Single Audit under the Uniform Guidance, auditors also report findings related to federal programs and prepare a Schedule of Findings and Questioned Costs.
Tip
Government audits generally require more reporting than traditional GAAS financial statement audits, and Single Audits include additional Uniform Guidance reporting.
Summary
Government audits require additional reporting on internal control and compliance, while Single Audits also require specialized reports on federal program findings.