Hello Please answer with something not already stated and be brief Thanks 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

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Question: Hello! Please answer with something not already stated and be brief. Thanks The General Accountability Office (GAO) issues standards for the audits of governmental organizations,

Hello! Please answer with something not already stated and be brief. Thanks

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?

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