WHAT PEOPLE SAY ABOUT THIS SEMINAR
“It’s been a most entertaining and valuable learning experience and we thank you for making dry audit standards and principles so alive! “
– V.I. IG Auditor, November 2012
“Thanks very much for the great class today. I found it interesting, informative and a lot of fun!!
As someone new to auditing, not to mention government auditing, I was aware that I needed to have a much better understanding of the Yellow Book, and I feel that today was a perfect overview of how the audit process of the Yellow Book works and should work. The instructions, Q&A, and exercises, as well as the asides and personal stories, helped reinforce the core content. Overall a great day of learning for me that will help directly with my OSA duties and responsibilities. “
– Gene B. Assistant State Auditor, July 2017
The GAO’s Yellow Book standards set a high bar for auditors of government programs. The 2018 revision alters the auditor’s responsibilities for internal controls. The Yellow Book standards encompass performance audits, financial audits, and attestation engagements.
- Audit plans
- Continuing professional education
- Quality control standards
- Reportable conditions including waste and abuse
- Select the standards that apply to your engagement
- Define requirements for peer review and quality control
- Apply the 2018 independence and competence standards to your team
- Use the elements of a finding to flesh out an audit issue
- Label reportable conditions as waste, abuse, fraud, non-compliance, & an internal control weakness
- Differentiate between types of audits
Program level: Intermediate
Instructional method: Group live instruction
NASBA Category of Study: Auditing (Governmental)
Advance preparation: None
Who should attend: Auditors and monitors of governmental funds and programs. The course will concentrate on either financial/single audits or performance audits, depending on the needs of the audience.
Recommended CPE credit: 8 hours of NASBA qualified hours that counts toward the 24 hour Yellowbook CPE requirements.