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21WA-0160: Governmental Auditing Update: Yellow Book & Uniform Guidance What You Need to Know (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Date Monday, June 14, 2021
Time 1:00pm - 4:55pm
Central Time
Location Online
CPE credits CPE 4.2
Field(s)
of study
Auditing (Governmental) - Technical (4.2)
Specialty
credits
4.2 Yellow Book recommended
Instructor Melisa Galasso, CPA
Galasso Learning Solutions LLC
Fees
Standard Member Fee $129.00
Standard Nonmember Fee $129.00

Description

This course cover the changes to Yellow Book and Single Audits. We will review the major changes auditors need to know when performing audits under GAGAS (aka Yellow Book or Government Auditing Standards). Areas of focus include the updated independence requirements, form and organization of the guidance, and quality control. We'll then switch gears and cover the Uniform Guidance. This course is designed to provide participants with the information to properly perform and document a Single Audit under the Uniform Grant Guidance. We'll focus on considerations that will impact current audits including the new 2019/20 compliance supplement. We also discuss common deficiencies in single audits including internal controls over compliance and direct and material compliance requirements. We conclude with a also look at proposed changes to the Uniform Guidance.

Who should take this program?

CPAs performing Yellow Book and Uniform Guidance audits.

Major subjects

  • Changes to Yellow Book and Single Audits
  • Single Audit under the Uniform Grant Guidance
  • Auditing

Learning objective(s)

  • Describe the changes to Yellow Book
  • Analyze how nonaudit services impact independence
  • Identify proposed changes to the Uniform Guidance
  • List common deficiencies found in Single Audits
  • Identify the five methods of procurement
  • Describe the changes to the new Compliance Supplement

Notes:

Course code Code 21WA-0160
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Level Update
Format Group Internet Based
Prerequisites Prereq. Prior experience with GAGAS and Uniform Guidance.    
Advance
prep
None

If you have questions about this event, please call us at 952-831-2707.