GAO Yellow Book Requirements
Each auditor performing work under GAGAS should complete every two years at least 80 hours of CPE that directly enhance the auditor's professional proficiency to perform audits and/or attestation engagements.
*Instead of following the dates listed above, your period may run two years from the start date of the first audit made in accordance with the Yellow Book. The GAO states that to simplify administration of CPE requirements, an audit organization may establish a standard two-year CPE period for all of its auditors, which can be either on a fixed-year or rolling-year basis. Effective Jan. 1, 2004, the GAO released an amendment to its CPE requirements that states that CPAs may not, in most cases, use tax credits to meet their 80-hour GAO Yellow Book requirement.
Visit the GAO website to read the requirements effective June 30, 2005, as outlined in the GAO's Guidance on GAGAS Requirements for Continuing Education; the overview of major changes from the 1991 CPE Interpretation; and the technical amendment made by the Comptroller General to CPE requirements contained in the 2003 revision of Government Auditing Standards.
AICPA
Reporting period begins Jan. 1 of the calendar year after joining the AICPA.