GAO issues exposure draft of updated guidance on revised CPE requirements.

• Position: Government Accountability Office - Continuing professional education - Www.gao.gov/govaud/cpe_ed0410.pdf. - Brief Article

In 2003, the Government Accountability Office issued a comprehensive revision to Government Auditing Standards (also referred to as the Yellow Book). As part of that revision, continuing professional education requirements were modified so that the 80 hours of CPE auditors needed every two years would "directly enhance the auditor's professional proficiency to perform audits and/or attestation engagements." The GAO had previously issued an interpretation of its CPE requirements in 1991. Now, due to...