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  • How are your yellow book engagements?

    March 20, 2019

    The 2018 Revision to Government Auditing Standards (GAGAS) was released in July 2018 and is effective for periods ending on or after June 30, 2020, and for performance audits beginning on or after July 1, 2019. Because the Revision addresses requirements for the entire period under audit, we will want to understand what these changes are before July 1, 2019.

  • KyCPA testifies in favor of updated rate schedule for government audits

    November 14, 2018

    Before the Government Contract Review Committee in Frankfort on Tuesday, KyCPA representatives testified in favor of updating the maximum rate schedule for government auditing services, which hasn’t been changed since 1999. The legislative committee comprised of House and Senate members reviews personal service contracts by state agencies and establishes rate schedule policies.