2018 Yellow Book Standards for Financial Audits – Video Course includes an online video 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 2018 Yellow Book Standards for Financial Audits—Video Course highlights the crucial updates financial auditors need to know. By staying up-to-date on the latest chapters and format of the Yellow Book standards, financial auditors can solidify their accountability, transparency, and service. The major and minor themes as well as new terms and definitions added to the latest Yellow Book are discussed.
Course objectives include:
- Identify the basic requirements of independence as defined by the GAO
- Cite CPE requirements established by the GAO
- Identify different types of engagements
- Recall the five components of internal control
- Recall reportable conditions and related behaviors
- Identify the components of the audit trifecta
- Identify the elements of a finding
CPE Credit Hours: 2
NASBA Category of Study: Auditing (Governmental)
Program level: Basic
Advance preparation: None
Who should attend: Auditors of government programs.
Instructional method: Video with online qualified assessment. QAS SS
Author: Leita Hart-Fanta, CPA, CGFM, CGAP
This course is also included in the Yellow Book Standards for Financial Auditors Bundle and the Single Audit Bundle.
This course does qualify for the 24 hour Yellow Book CPE requirement.
Questions? You can find our FAQ here.
What People Say About This Course
“Instructor is very easy to follow and makes a boring subject fun.” – 2018 Yellow Book Standards for Financial Audits student
“[What I liked most about this course was] the ease of the course in that it was on demand and I could watch the material at any point in time.” – 2018 Yellow Book Standards for Financial Audits student
“I really enjoy learning from Leita. I love her humor and her examples. I think the analogies she provided will help me explain the significance of the types of threats to independence auditors face in a easy straight forward way to clients that ask why we do some of the things we do.” – State Agency Financial Auditor