Complete Guide to the Yellow Book Webinar

• Thoroughly understand the requirements of the Yellow Book and how they relate to the AICPA’s requirements
• Excel in the Yellow Book auditing arena
• Save time on Yellow Book engagements via in-depth knowledge of the requirements

• The purpose and applicability of the Yellow Book (a.k.a., Government Auditing Standards, or GAGAS)
• Ethical principles in Yellow Book engagements
• Types of Yellow Book audit and attestation engagements
• The use of terminology to define the Yellow Book requirements
• The Yellow Book’s general requirements, including the independence requirements, professional judgment, competence (including CPE), and quality control and assurance (including peer review)
• The Yellow Book performance standards for financial audits -- including 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; and audit documentation
• The Yellow Book reporting standards for financial audits -- including reporting auditor’s compliance with GAGAS; reporting on internal control, compliance with provisions of laws, regulations, contracts, and grant agreements, and other matters; reporting views of responsible officials; reporting confidential or sensitive information; and distributing reports
• Additional considerations related to Yellow Book financial audits -- materiality, early communication of deficiencies
• The Yellow Book requirements for attestation engagements (examinations, reviews, and agreed-upon procedures) and performance audits