Generally Accepted Government Auditing Standards. Auditing standards established by the U. S. General Accounting publication Government Auditing Standards, also known as the "Yellow Book". GAGAS for financial statement audits incorporate the field work and reporting standards of GAAS.
Refer to GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS.
GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS. These standards are for the conduct and reporting of both financial and performance audits in the public sector. The basic GAGAS standards are classed into three broad categories: general standards, fieldwork standards, and reporting standards.