Overview of the 2018 Yellow Book and Significant Changes - 1 CPE Credit Hour
The Generally Accepted Governmental Auditing Standards, also known as the
Yellow Book, provides a comprehensive framework for conducting governmental
audits with a focus on high quality, integrity, competence, independence, and
objectivity. The Yellow Book is used by auditors of government organizations,
entities that receive government awards, and any other audit organization
performing Yellow Book audits.
TEXAS COMPLIANCE PENDING:
Texas requires a class be reviewed by enough students to assign earned CPE credits. This course is still new enough that we are obtaining the reviews needed. We recommend Texas CPAs check back soon. This process is usually finished within a few weeks.
The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.
This course will describe when the Yellow Book standards must be applied. This course will identify the new organization and format of the 2018 Yellow Book. Finally, this course will recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.
