Seminar Course Description

The New Yellow Book:

Locations

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE
Phoenix Arizona Dec 18, 2020 ASCPA
Little Rock Arkansas Jun 18, 2020 ARCPA
Pueblo Colorado Nov 30, 2020 COCPA
Denver Colorado Dec 01, 2020 COCPA
Virtual Connecticut Jun 04, 2020 CTCPA
Indianapolis Indiana Oct 26, 2020 INCPAS
Louisville Kentucky Nov 05, 2020 KYCPA
Timonium Maryland Jun 17, 2020 MACPA
Grand Rapids Michigan Dec 17, 2020 MICPA
Great Falls Montana Aug 18, 2020 MSCPA
New Jersey Jul 15, 2020 NJCPA
Albuquerque New Mexico Jun 29, 2020 NMSCPA
New York New York May 29, 2020 NYSSCPA
Oklahoma City Oklahoma Dec 11, 2020 OSCPA
Philadelphia Pennsylvania Sep 28, 2020 PICPA
Salt Lake City Utah Dec 15, 2020 UACPA

Do you want to learn about the 2018 revision to Government Auditing Standards (GAGAS or GAS or the “Yellow Book”)? This course is based on Government Auditing Standards, 2018 Revision, which is effective for financial audits of fiscal years ending on or after June 30, 2020. It provides an excellent baseline of information for accountants as it relates to understanding the guidance in the new Yellow Book. It also provides detailed information regarding auditor independence as found in Government Auditing Standards, 2018 Revision. It is essential that all auditors planning and conducting engagements in accordance with the new Yellow Book understand and be able to discern the requirements related to independence as found in Government Auditing Standards, 2018 Revision because those independence standards became effective for fiscal years beginning July 1, 2019.

Learning Objective

When you complete this course you will be able to:

  • Identify the guidance found in Government Auditing Standards, 2018 Revision.
  • Recognize the relationship between GAS and other professional standards.
  • Recognize the Yellow Book guidance regarding independence as found in Government Auditing Standards, 2018 Revision.
  • Identify the Yellow Book requirements for financial statement audits, attestation engagements, and performance audits.

Topics Dicussed

  • Foundation and principles for government auditing
  • General requirements for complying with GAGAS
  • Ethics, independence, and professional judgment
  • Competence and CPE
  • Quality control and peer review
  • Standards for financial audits
  • Standards for attestation and review engagements
  • Fieldwork and reporting standards for performance audits
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COURSE CODE

YBRV

FIELD OF STUDY

  • Auditing (Governmental)

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Basic

INTENDED AUDIENCE

Government auditors and public accountants that will be planning or conducting engagements in accordance with Government Auditing Standards, 2018 Revision (“Yellow Book”)

PREREQUISITE

None

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live, Self-Study On-Demand, Self-Study Text

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Contact State Societies for Public Seminar Pricing and Additional Information

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