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Chelsea Lee

The Most Important Change to the Yellow Book is the Green Book

I’ve had a few months to digest the changes to the 2018 Yellow Book (Government Auditing Standards),and I’ve taught a few seminars and webinars about the changes.  Most of the changes do not shock my audiences. But I am noticing that quite a few auditors are not familiar with the Green Book which was published by […]

Accounting DeMYSTiFieD

Accounting information and tips you can take to the bank! You may not know the first thing about debits, credits, and cash ratios now―but when you’re done with this book, you’ll be able to juggle profits and losses with your eyes closed and read any balance sheet like it’s a good novel. Accounting DeMySTiFieD, Second […]

Little frauds are a big deal in government.

Please enjoy Chapter 1 of An Auditor’s Responsibilities for Fraud in the Government Environment, available at Yellowbook-CPE.com. Objectives:  Differentiate between auditing for fraud in the government environment and auditing for fraud in the commercial environment Fraud – it’s a costly thing! Whether it is committed in the government environment or the commercial environment, those who practice […]

Why Auditors & Fraud Examiners Conduct Interviews

Please enjoy this excerpt from Chapter 1 of Interviewing Skills for Auditors, available here. Objectives:  Distinguish between types of interviews  Identify the benefits of establishing rapport during an interview Identify the benefits of having a productive, friendly relationship with the client Always remember the purpose of an interview – to get information. But because you are working with […]

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