Federal, state, and local governments and not-for-profit organizations (NPOs) differ from commercial enterprises in that they may be ... Management is responsible for ensuring compliance with relevant laws and regulations. ... GAAS Requirements General Guidance 3.14 As discussed in Chapters 1, aquot;Introduction, aquot; and 2 of this Guide, SAS No. ... assurance that the financial statements are free of material misstatements resulting from violations of laws and regulations, fraud, or error.
|Title||:||Government Auditing Standards and Circular A-133 Audits, with Conforming Changes as of ...|
|Author||:||AICPA Single Audit Working Group|