Memo 2019-07, originally issued on April 29, 2019, has been revised and reposted. Additional content, on page 2 and highlighted in yellow, was added to clarify what the auditor can and cannot do if he or she determines that there is no one at the local government client with sufficient skills, knowledge, and experience to oversee the preparation of the financial statements. We strongly encourage all auditors and units to read this memo carefully and plan accordingly.
James Dalkin, the Director of the Financial Management and Assurance Team at GAO, discussed the 2018 Yellow Book Revisions at our 2019 Government Auditing, Reporting, and Review conference recently. A video of that, and all other presentations, will be available on our website shortly. We strongly encourage all auditors that did not attend the conference to view the video of Mr. Dalkin's presentation. His presentation is the first one of the conference.
When available, the video will be posted here. Scroll down to see the link to the 2019 Government Auditing, Reporting, and Review conference.