Certified Government Financial Manager (CGFM) 2025 – 400 Free Practice Questions to Pass the Exam

The Government Auditing Standards, commonly referred to as GAGAS, are issued by the Government Accountability Office (GAO). This organization is a key component of the legislative branch of the U.S. government and is responsible for conducting audits and evaluations of government programs and activities. GAGAS provides a framework for conducting audits of government entities, ensuring accountability, transparency, and the effective use of public funds.

The standards set forth by the GAO promote consistent and high-quality auditing practices tailored specifically for the public sector. GAGAS is designed to complement other auditing standards while catering to the unique characteristics of government operations, thus establishing a comprehensive set of guidelines for auditors working in this field. This ensures that audits are not only thorough but also relevant to the particular needs and challenges of government financial management and oversight.