Introduction to Yellow Book

Overview

Performing engagements in accordance with Generally Accepted Government Auditing Standards (GAGAS or “Yellow Book”) requires additional reporting, ethics, and performance requirements. This course will identify and review the guidance found in the Yellow Book and analyze the relationship between Government Auditing Standards and the AICPA Code of Professional Conduct. We will review the Yellow Book requirements for financial statement audits while also touching upon ethical principles and independence

Highlights

• GAGAS
• Yellow Book
• Independence

Prerequisites

None

Designed For

Ideal for practitioners new to governmental or nonprofit auditing

Objectives

• Describe the unique auditing requirements in the Yellow Book

Preparation

None