Yellow Book: Staying Compliant with Government Auditing Standards

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.

• Qualifies for 11.5 Yellow Book CPE Credits

• 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.

• 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