December 8, 2017, letter commenting on IESBA's September 2017 Exposure Draft, "Proposed Revisions to the Code Pertaining to the Offering and Accepting of Inducements"

This letter provides GAO's response to the exposure draft, Proposed Revisions to the Code Pertaining to the Offering and Accepting of Inducements. GAO promulgates generally accepted government auditing standards (GAGAS) in the United States. GAGAS provides a framework for conducting high-quality audits of government awards with competence, integrity, objectivity, and independence. Our comments reflect the importance we place on reinforcing the values promoted in both the Code of Ethics for Professional Accountants (the Code) and GAGAS.