On-Demand

4 CPE

Surgent's Applying the Yellow Book to a Financial Statement Audit

On-Demand
4 CPE

This course is delivered as a recorded video. After completing all sessions, you must pass the final exam with a minimum score of 70% to receive credit.

Knowing just a little about the Yellow Book can hurt you! It is important to have a thorough understanding of the standards. This course covers the Yellow Book financial auditing requirements and prepares you to excel in applying the standards. You will learn precisely what the Yellow Book does and does not require auditors to do. The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced knowledge of the Yellow Book.

Learning Objectives

  • Thoroughly understand the requirements of the new Yellow Book and how they relate to the AICPA and single audit requirements
  • Prepare to implement the new Yellow Book in an effective and efficient manner
  • Save time by understanding what the new Yellow Book does and does not require auditors to do

Major Topics

  • Critical concepts related to applying the Yellow Book including when the standards are applicable; the types of engagements involved; and the relationship between the Yellow Book and other standards
  • The Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality control; and peer review
  • The Yellow Book requirements related to performing and reporting on financial audits and how those requirements affect the audit in areas like internal control

CPE Credits Available

4 CPE
4
Auditing (Governmental)

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing
  • Governmental
  • Peer Review

Prerequisites

Basic audit knowledge

Advanced Preparation

None

Intended Audience

Auditors performing Yellow Book engagements

Provider

Surgent CPE

Purchase This Course

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  • COCPA Non-Member

    $ 168 168
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