April 13, 2022 8:00am – 3:30pm Map & Directions 602-252-4144

Webcast: Basic Understanding of Yellow Book and Single Audit

Description

The Government Accountability Office recently released a new version of Government Auditing Standards, also known as the Yellow Book. The revised version has been reorganized and realigned with the aim of making it easier for professionals to find relevant rules when performing research. This course is an overview of the Government Auditing Standards, and how the government auditing standards apply to the Single Audit.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

7:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Webcast
Accounting & Auditing
8

Objectives

  • Apply the most recent requirements of Government Auditing Standards towards auditing governments/not-for-profits.
  • Recognize the key considerations in OMB and Government Auditing Standards.
  • Identify the Federal Funds and Single Audit Requirements.

Course Level

Beginning

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

Auditors who perform financial statement and compliance audit under Government Auditing Standards, Internal Auditors, Management responsible for grant management.

Prerequisites

None.

Highlights

  • Overview of the 2018 Revision Government Auditing Standards
  • Understanding the conceptual framework of independence
  • Evaluating non-audit services provided and the threat of independence
  • New ruling on Continuing Professional Education
  • Introduction of a new concept referred to as "Waste"
  • Review Engagements under Government Auditing Standards
  • Gain an understanding of the requirements for performing a Uniform Guidance compliance audit
  • Internal control over financial reporting vs. Internal control over compliance requirements
  • Understand the differences of the auditor's reports issued under Government Auditing Standards

Notes

Entry-level/Individual contributor; Manager/Senior Manager; Director; Executive/VP

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