On-Demand

11.5 CPE

Yellow Book: Staying Compliant with Government Auditing Standards (On-Demand) 2022

On-Demand
11.5 CPE

  • Instructor

    Rebecca
    Meyer

As an auditor of state, local government, or not-for-profit entities, gain an understanding of the requirements and application guidance for engagements conducted in accordance with Government Auditing Standards.

Understand the concepts and standards of generally accepted government auditing standards (GAGAS) so that you can perform Yellow Book audits.

Baseline

Gain an excellent baseline of information for understanding the Yellow Book, with guidance found in the 2018 revision of Government Auditing Standards. With guidance related to independence and peer review, increase your knowledge of the requirements and application guidance related to the following:

  • Ethics
  • Independence
  • Standards for financial audits
  • Attestation engagements
  • Performance audits

Learning Objectives

  • Distinguish the types of engagements that are performed under generally accepted government auditing standards (GAGAS).
  • Recognize the requirements found in Government Auditing Standards (Yellow Book).
  • Identify the requirements and guidance related to independence.
  • Recall the requirements regarding CPE, professional judgment, quality control, and peer review under GAGAS.
  • Identify the additional requirements for performing and reporting on a financial audit under GAGAS.
  • Recall the requirements for performing attestation and review of financial statement engagements and performance audits under GAGAS

Major Topics

  • Foundation and principles for the use and application of generally accepted government auditing standards (GAGAS)
  • General requirements for complying with the Yellow Book
  • Ethics, independence, and professional judgment
  • Competence and continuing professional education
  • Quality control and peer review
  • Standards for financial audits
  • Standards for attestation engagements and reviews of financial statements
  • Fieldwork standards for performance audits
  • Reporting standards for performance audits

CPE Credits Available

11.5 CPE
11.5
Auditing (Governmental)

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Intended Audience

Government auditors and public accountants that will be planning or conducting engagements in accordance with Government Auditing Standards, 2018 Revision (Yellow Book)

Provider

AICPA - Durham

This can not be purchased at this time.