The 2024 Yellow Book (which is the most recent update) contains the latest version of generally accepted government auditing standards (GAGAS). The contents of the Yellow Book may seem incomprehensible for someone not familiar with government auditing. In the Yellow Book Explained manual, we convert every aspect of the standards into plain English, so you can better understand how to apply them to an audit. The manual covers all aspects of GAGAS, including auditor independence, quality control, fieldwork standards, and reporting standards. This manual is useful for both internal and external auditors who work with government entities.