April 28, 2020 letter commenting on International Ethics Standards Board for Accountants' January 2020 Exposure Draft, "Proposed Revisions to the Fee-related Provisions of the Code"
Published: Apr 28, 2020. Publicly Released: Apr 28, 2020.
- Full Report:
This letter provides GAO's response to the exposure draft, Proposed Revisions to the Fee-related Provisions of the Code. GAO promulgates generally accepted government auditing standards (GAGAS) in the United States. GAGAS provides a framework for conducting highquality audits of government awards with competence, integrity, objectivity, and independence. Our comments reflect the importance we place on reinforcing the values promoted in both the International Code of Ethics for Professional Accountants (Code) and GAGAS.