21WC-0104: Basic Understanding of Yellow Book and Single Audit (Webinar)

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

Wednesday, April 28, 2021
10:30am - 6:00pm Central Time
8 CPE (8 technical)  |  8 Yellow Book

An overview of the Government Auditing Standards, and how the the government auditing standards apply to the Single Audit.

Major subjects

• Overview of the 2018 Revision Government Auditing Standards2. Understanding the conceptual framework of independence3. Evaluating nonaudit services provided and the threat of independence4. New ruling on Continuing Professional Education5. Introduction of new concept referred to as Waste6. Review Engagements under Government Auditing Standards7. Gain and understanding of the requirements for performing a Uniform Guidance compliance audit8. Internal control over financial reporting vs. Internal control over compliance requirements9. Understand the differences of the auditors reports issued under Government Auditing Standards

Learning objective(s)

• The Government Accountability Office recently released a new version ofGovernment Auditing Standards, also known as the Yellow Book. The revised version has been reorganized and realigned with the aim of making it easier for professionals to find relevant rules when performing research.The objectives of the course:1. Apply the most recent requirements of Government Auditing Standards towards auditing governments/not-for-profits.2. Recognize the key considerations in OMB and Government Auditing Standards.3. Identify the Federal Funds and Single Audit Requirements.

Who should take this program?

This course is designed for:1. Auditors who performs financial statement and compliance audits under Government Auditing Standards2. Internal Auditors3. Managment responsible for grant management

Fees

Standard Member Fee	$295.00
Standard Nonmember Fee	$400.00