The General Accountability Office (GAO) issues standards for the audits of governmental organizations, programs, activities, and functions that are commonly referred to as the Yellow Book.
Review the latest publication of the Yellow Book on the GAO website, specifically the following sections:
Application Guidance: Complying with GAGAS.
Relationship between GAGAS and other Professional Standards.
In what significant way do financial audits in government and not-for-profit organizations differ from those carried on in business?