This course, based on Government Auditing Standards, is essential for auditors performing Yellow Book audits and provides an excellent baseline of information as it relates to understanding Yellow Book requirements and application guidance. It also provides detailed information that all auditors planning and conducting engagements in accordance with the Yellow Book need to understand to be able to discern the requirements related to independence. This course will increase your knowledge of the requirements and application guidance related to ethics, standards for financial audits, attestation engagements, performance audits, and more.
• Identify the guidance found in Government Auditing Standards, 2018 Revision • Recognize the relationship between GAS and other professional standards. • Recognize the Yellow Book guidance regarding independence as found in Government Auditing Standards, 2018 Revision. • Identify the Yellow Book requirements for financial statement audits, attestation engagements, and performance audits.
• Foundation and principles for government auditing • General requirements for complying with GAGAS • Ethics, independence, and professional judgment • Competence and CPE • Quality control and peer review • Standards for financial audits • Standards for attestation and review engagements • Fieldwork and reporting standards for performance audits
Government auditors and public accountants that will be planning or conducting engagements in accordance with Government Auditing Standards, 2018 Revision (“Yellow Book”)