AICPA Peer Review Must-Select Industry Update: Government Auditing Standards

Overview

Latest governmental accounting and auditing updates that need special attention in a peer review are explored with information from the 2025 Peer Review Conference Session on Government Auditing Standards.

Highlights

Key Topics

• Importance of audit quality
• Emphasis areas for 2025-2026 peer reviews
• Scenarios for commonly encountered situations when reviewing governmental engagements
• Topics on the peer review horizon
• Resources and tools for peer reviewers and auditors

Prerequisites

Meet the qualifications to be a peer reviewer as well as the qualifications to perform reviews of must-select governmental engagements.

Designed For

Who Will Benefit

Peer reviewers of must-select engagements under Government Auditing Standards.

Objectives

Learning Outcomes

• Apply best practices when performing reviews of generally accepted government auditing standards (GAGAS) engagements.
• Analyze challenges to maintaining audit quality in GAGAS engagements and their impact to peer reviewers.
• Identify unique risks associated with reviewing GAGAS engagements.