Do you perform engagements in accordance with the Yellow Book? This
course provides an excellent baseline of information to accountants in
understanding governmental auditing. It is essential that all auditors
planning and conducting audits in accordance with Generally Accepted
Government Auditing Standards (GAGAS, GAS, or simply the “Yellow Book”)
understand and be able to discern key concepts and standards accordingly
in executing their responsibilities.
Learning Objectives
Readily understand the key changes contained in the most recent Yellow
Book revision related to financial audits
Apply Yellow Book requirements related to CPE, independence, and peer
review
Comply with general, field work, and reporting requirements related to
Yellow Book financial audits
Major Topics
Foundation and ethical principles of government auditing Standards for use and application of Generally Accepted Government Auditing Standards (GAGAS) ("Yellow Book") Financial audits, performance audits, attestation engagements and nonaudit services provided by audit organizations General standards Standards for financial audits Standards for attestation engagements Latest developments