Yellow Book: Staying Compliant With Government Auditing Standards WEBCAST - Partnered with the Idaho Society
Overview
Based on Government Auditing Standards, 2024 Revision, this course is essential for auditors performing Yellow Book audits. It provides detailed information about conducting engagements in accordance with the Yellow Book and requirements related to independence. This course will increase participants' knowledge of the requirements and application guidance related to ethics, standards for financial audits, attestation engagements, and performance audits.
Highlights
Foundation and principles of generally accepted government auditing standards (GAGAS). Yellow Book compliance requirements. Ethics, independence and professional judgment. Competence and continuing professional education. Quality control and peer review. Standards for financial audits, attestation engagements and reviews of financial statements. Fieldwork and reporting standards for performance audits.
Prerequisites
None.
Designed For
Government auditors. Public accountants.
Objectives
Recognize the types of auditors and audit organizations that may employ GAGAS to conduct their work. Identify and apply the requirements contained in Government Auditing Standards. Recognize the fundamental ethical principles and the role of professional judgment in the government environment. Recognize requirements relating to competence and continuing professional education. Identify additional GAGAS requirements for conducting and reporting on financial audits. Identify the three types of attestation engagements found in generally accepted government auditing standards and the additional GAGAS requirements beyond those of the AICPA for attestation engagements. Recall the overall approach for auditors to apply in planning and performing an audit to obtain sufficient, appropriate evidence that provides a reasonable basis for findings and conclusions based on the audit objectives.
Preparation
None.
Leader(s):
Leader Bios
Bruce Shepard, AICPA In-House Training
Bruce Shepard was most recently an assistant professor of accounting at George Fox University and an adjunct professor of accounting at the University of Oregon, prior to becoming an instructor for the AICPA in 2012. From 2006-2010, Mr. Shepard was the Chief Financial Officer of Las Vegas Gaming, Inc. in Las Vegas, Nevada, where he had full management responsibility for all financial affairs, daily business operations, administration and human resources. From 1985-2006, Mr. Shepard was in charge of the Middle Market Practice for PricewaterhouseCoopers, LLP in Portland, Oregon, where he served as an Assurance Partner from 1989-2006 focusing on providing proactive business advisory services to fast-growing companies. At PricewaterhouseCoopers, LLP, Mr. Shepard spearheaded over 100 acquisitions and divestitures by leading in the financial structuring and negotiations. He worked with clients to develop strategic plans for short-term and long-term growth. He assisted both start-up companies and beyond start-up companies with attaining their needed growth capital. Mr. Shepard wrote an article, Financing Entrepreneurs, in 1999 for the Oregon Society of Certified Public Accountants. Mr. Shepard was awarded “Beta Alpha Psi Professional of the Year” in 2006 for sustained involvement with the University of Oregon.
Non-Member Price $410.00
Member Price $310.00