What does the Yellow Book provide standards for?

The Yellow Book, formally known as "Government Auditing Standards," provides comprehensive standards specifically for financial audits of government entities. Published by the Government Accountability Office (GAO), it is designed to ensure that audits of government organizations and programs are conducted with a uniform level of rigor and integrity. The standards address various critical areas of financial auditing, such as ethical principles, audit planning, evidence gathering, and reporting requirements. These guidelines help auditors create reliable and transparent financial reports that enhance accountability and public trust in government operations.

While the other choices relate to important aspects of auditing, they do not align specifically with the primary focus of the Yellow Book. Information Technology Audits, Quality Control Standards, and Internal Compliance Audits are all essential components of the broader auditing framework but are guided by different sets of standards and practices, separate from the financial audit standards outlined in the Yellow Book.