Do you perform financial statement audits in accordance with the Yellow Book? This course is based on the guidance in Government Auditing Standards, 2011 Revision, which is currently effective and used for audits of entities with fiscal years ending on or before May 31, 2020. It provides an excellent baseline of information for accountants in understanding the requirements related to performing a financial audit under Government Auditing Standards, 2011 Revision. It is essential that all auditors planning and conducting financial 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 in executing their responsibilities.
Course ID: CL4EOYB
Yellow Book Financial Audits Under Government Auditing Standards, 2011 Revision
- Recall the concepts and guidance found in Government Auditing Standards, 2011 Revision.
- Recognize Yellow Book requirements related to continuing professional education, independence, and peer review.
- Identify the additional requirements for performing a financial statement audit under GAGAS.
- Recognize the additional reporting requirements for financial audits.
• Foundation and ethical principles of government auditing • Standards for use and application of Generally Accepted Government Auditing Standards (GAGAS) (“Yellow Book”) • General standards • Standards for financial audits • Latest developments
Who Should Attend
Government auditors and public accountants planning or conducting audits in accordance with Generally Accepted Government Auditing Standards (“Yellow Book”)
Fields of StudyAuditing