The Yellow Book: From Beginning to End

Overview

A comprehensive review of the newest version of the U.S. Government Accountability Office’s Government Auditing Standards, otherwise known as “the Yellow Book.” The standard will affect all auditors who perform audits of government and nonprofit organizations who receive federal funds, or where application of GAO standards is required by law, regulation or contract. It does not address the standards applicable to performance audits.

Delivery Method: Individual webcast
CPE Credit: Accounting (governmental), Auditing (governmental)
Program Level: Update

Highlights

Introduction
Foundation and principles
General requirements for complying with Government Auditing Standards
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

Prerequisites

Minimum to intermediate level of auditing experience

Designed For

Professional staff with responsibility for performing or reviewing audit engagements under GAO standards

Objectives

To enable staff performing and managers reviewing audits under Government Auditing Standards to understand and apply the GAO standards