Webinar

Yellow Book and Single Audit Update

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

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Yellow Book and Single Audit reporting entities have complex and unique financial statement audit, compliance and reporting issues. Deficiencies in these types of audit engagements are common. Reduce the likelihood of noncompliance with relevant professional and regulatory auditing and reporting standards. Explore recent updates to the Yellow Book and Compliance Supplement, released in February 2024 and May 2024 respectively.

Major subjects

• Yellow Book (February 2024) and OMB 2024 Compliance Supplement (May 2024) updates
• Financial statement audit, compliance and reporting issues
• Audit engagement deficiencies
• Compliance requirement tests
• Common peer review deficiencies

Learning objectives

• Understand revisions to the Yellow Book (February 2024) and OMB 2024 Compliance Supplement (May 2024)
• Identify the differences in the auditor's responsibility between generally accepted auditing standards, generally accepted government auditing standards and OMB Uniform Guidance
• Recognize common deficiencies in Yellow Book and Single Audit engagements
• Recall the special reporting requirements of Yellow Book and Single Audit engagements
• Learn what must be done beyond the financial statement audit to issue required Yellow Book and Single Audit reports on internal controls and compliance

Who should take this program?

• Not-for-profit and government auditors

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $139.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.