Governmental Accounting and Auditing Resources Overview

This document is a guide that outlines various online resources available to accountants and auditors operating within state and local government environments. It details resources provided by the Governmental Accounting Standards Board (GASB), including GASB Statements, the Governmental Accounting Research System, and a Technical Inquiry Form. Additionally, it mentions resources from the Governmental Finance Officers’ Association (GFOA), such as accounting and financial reporting resources and best practices. The guide also highlights special audit requirements for state and local governmental entities, with resources available through the Governmental Audit Quality Center (GAQC). Furthermore, it notes that the U.S. Government Accountability Office offers free resources useful for audit planning, including the Yellow Book and the Green Book. The document emphasizes the importance of staying updated with these resources, which are crucial for effective governmental accounting and auditing.