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The Government Accountability Office issued the new 2018 edition of Government Auditing Standards (the Yellow Book). While it won’t be effective for financial audits until June 30, 2020, year • end audits, there are changes to the auditor independence rules that you will need to start considering now. This webcast will provide you with a summary of key changes to the standards, information about the Yellow Book independence rules that affect nonaudit services and requirements that differ from the AICPA standards. You will even get the opportunity to ask questions during the webcast.
• Identify the key changes to the standards.
• Recognize the changes to the Yellow Book independence rules that relate to the performance of nonaudit services.
• Recall other important areas of the standards that have not changed with an emphasis on requirements that differ from the AICPA standards.
government auditors
Basic knowledge of Government Auditing Standards
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