GAGAS Performance Audit Standards – Video Course

Description

GAGAS Performance Audit Standards – Video Course includes an online videos and self-study manual for 2 hours of CPE credit.

The Government Accountability Office (GAO) released an updated version of the Yellow Book in 2018. The GAGAS Performance Audit Standards – Video Course highlights the crucial updates performance auditors need to know, including independence, CPE requirements, and quality control and peer review. Performance auditors will learn the major and minor themes of the engagement chapters as well as new terms and definitions added to the latest Yellow Book.

Course objectives include:

• Identify the elements of a finding
• Distinguish among the five elements of a finding
• Identify qualities of a compelling effect statement
• Identify relevant testing to support the condition and cause
• Recall reportable conditions and related behaviors
• Identify the basic requirements of independence as defined by GAO
• Identify the purpose of independence in an audit
• Recognize the GAO’s requirements on non-audit services
• Cite CPE requirements established by the GAO
• Identify qualities of a good recommendation
• Recall the five components of control
• Recognize the importance of the elements of a finding
• Recall reportable conditions and related behaviors
• Cite documentation requirements
• Recall the GAO’s definition of roles on an engagement

CPE Credit Hours: 2
NASBA Category of Study: Auditing (Governmental)
Program level: Basic
Prerequisites: None
Advance preparation: None
Who should attend: Auditors
Instructional method: Video with online quiz. QAS SS
Author: Leita Hart-Fanta, CPA, CGFM, CGAP

This course qualifies for Yellow Book CPE credit.

This course is also included in the Yellow Book Standards for Performance Auditors Bundle and the Performance Audit Essentials Bundle.

Questions? You can find our FAQ here.