Does the Yellow Book permit the use of AICPA attestation standards for performance auditing?

The Yellow Book, officially known as Government Auditing Standards, does indeed permit the use of AICPA attestation standards for performance auditing. This means that auditors are allowed to apply AICPA standards in conjunction with the Yellow Book guidelines to enhance the rigor and credibility of performance audits.

This use is beneficial as it allows for a more comprehensive approach to auditing that can incorporate industry standards recognized by the AICPA, ensuring that performance audits are conducted not only in compliance with government auditing standards but also in alignment with widely accepted professional auditing standards. This integration helps in achieving a higher level of quality and reliability in the performance audit process.

In contrast, other options suggest limitations or exclusions that are not in line with the allowances made by the Yellow Book regarding AICPA standards, which could either diminish the effectiveness or restrict the application of such standards to specific audit types, which is not the case.