Customer Service: 800-778-7436     

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

How to Do a Yellow Book Financial Audit (YBK4)

  • Format In-Firm Training
  • Credits 4
  • Level Basic
  • Field of Study Auditing (Governmental) (4)

To Schedule In-Firm Training, please contact us:

salesinfo@surgent.com

Overview

The Yellow Book contains general standards, performance standards, and reporting standards for financial audits. The purpose of this course is to increase your confidence and proficiency in performing Yellow Book financial audits through a thorough understanding of the standards. The course materials utilize a highly illustrative and innovative format. Over a dozen focused exercises are included to provide an enhanced working knowledge of the Yellow Book.

Major Topics

  • The purpose and applicability of the Yellow Book (a.k.a. Government Auditing Standards or GAGAS)
  • Any current developments regarding the Yellow Book
  • The Yellow Book’s general requirements -- including independence requirements, professional judgment, competence (including CPE), and quality control and assurance (including peer review)
  • The Yellow Book performance standards for financial audits -- including auditor communication; previous audits and attestation engagements; fraud, noncompliance with provisions of laws, regulations, contracts, and grant agreements, and abuse; developing elements of a finding; and audit documentation
  • The Yellow Book reporting standards for financial audits -- including reporting auditor’s compliance with GAGAS; reporting on internal control, compliance with provisions of laws, regulations, contracts, and grant agreements, and other matters; reporting views of responsible officials; reporting confidential or sensitive information; and distributing reports
  • Additional considerations related to Yellow Book financial audits -- materiality, early communication of deficiencies

Learning Objectives

  • Thoroughly understand the financial auditing requirements of the Yellow Book
  • Excel in the Yellow Book auditing arena
  • Save time on Yellow Book engagements via in-depth knowledge of the requirements

Who should take this course:


Auditors performing Yellow Book financial audits

Basic

Basic audit knowledge

None

No

No

Yes

loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

QAS Approval Surgent IRS Approval Surgent CFP Approval Surgent CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.