Basic Understanding of Yellow Book and Single Audit WEBCAST

Overview

An overview of the Government Auditing Standards, and how the the government auditing standards apply to the Single Audit.

Highlights

Overview of the 2018 Revision Government Auditing Standards, Understanding the conceptual framework of independence, Evaluating nonaudit services provided and the threat of independence, New ruling on Continuing Professional Education, Introduction of new concept referred to as “Waste”, Review Engagements under Government Auditing Standards, Gain and understanding of the requirements for performing a Uniform Guidance compliance audit, Internal control over financial reporting vs Internal control over compliance requirements, Understand the differences of the auditors reports issued under Government Auditing Standards

Prerequisites

None

Designed For

Auditors who performs financial statement and compliance audits under Government Auditing Standards. Internal Auditors. Managment responsible for grant management.

Objectives

Apply the most recent requirements of Government Auditing Standards towards auditing governments and not-for-profits. Recognize the key considerations in OMB and Government Auditing Standards. Identify the Federal Funds and Single Audit Requirements.

Preparation

None.

Notice

None