This course, based on Government Auditing Standards, 2018 Revision, is essential for auditors performing Yellow Book audits. It provides detailed information that all auditors planning and conducting engagements in accordance with the Yellow Book need 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.
DESIGNED FOR
Government auditors and public accountants that will be planning or conducting engagements in accordance with Government Auditing Standards, 2018 Revision ("Yellow Book")
BENEFITS
- Distinguish the types of engagements that are performed under generally accepted government auditing standards (GAGAS).
- Recognize the requirements found in Government Auditing Standards.
- Identify the requirements and guidance related to independence.
- Recall the requirements regarding CPE, professional judgement, 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.
HIGHLIGHTS
- Foundation and principles for government auditing
- General requirements for complying with Government Auditing Standards
- 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
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for Yellow Book credit