How To Do a Yellow Book Financial Audit

Dec 13
12:30 - 4:00 p.m.

Pennsylvania Institute of CPAs
Philadelphia - Map

4-A&A
CPE Credits

Increase your confidence and proficiency in performing Yellow Book financial audits through a thorough understanding of the general standards, performance standards, and reporting standards. Use exercises to get an enhanced knowledge of the Yellow Book auditing arena.
Highlights

The purpose and applicability of the Yellow Book
Ethical principles in Yellow Book engagements
The use of terminology to define the Yellow Book requirements
The Yellow Book’s general requirements – including independence requirements, professional judgment, competence and CPE, and quality control and assurance, including peer review
The Yellow Book performance standards for financial audits: Auditor communication; previous audits and attestation engagements, fraud, noncompliance with provisions of laws, regulations, contracts, and grant agreements, and abuse; developing elements of a finding; audit documentation
The Yellow Book reporting standards for financial audits: Reporting auditor’s compliance with GAGAS; reporting on internal control, compliance with provisions of laws, regulations, contracts, and grant agreements; reporting views of responsible officials; reporting confidential or sensitive information; distributing reports
Additional considerations related to Yellow Book financial audits, including materiality and early communication of deficiencies

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 753500 Level: Basic

Prerequisites: None

Notes
This course may qualify for Yellow Book credits. Determining which courses qualify for the Yellow Book 24-hour requirement are made on an auditor-specific basis based on the auditor’s Yellow Book clients. This is a four-credit afternoon seminar (12:30 - 4:00 p.m.; 12:00 p.m. registration)