Governmental Auditing Update: Yellow Book & Uniform Guidance What You Need to Know WEBCAST

Monday, January 31 10:00am - 2:00pm PST

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4.0 Credits

Member Price $129.00

Non-Member Price $159.00

Overview

This course covers the important changes to Yellow Book as well as Single Audits. We will review the major changes auditors need to understand when performing audits under GAGAS (aka Yellow Book or Government Auditing Standards). Areas of focus include the updated independence requirements, form and organization of the guidance, and quality control as well as common deficiencies. We’ll also look at the AICPA’s reporting standard and its impact on the auditor’s report as well as the Compliance report for Single Audits. We will then switch gears and cover the Uniform Guidance including the most recent changes to the Uniform Guidance issued in 2020 as well as the impact of COVID on Single Audits.

Highlights

Changes to yellow book and single audits. Single audit under the uniform grant guidance. Auditing.

Prerequisites

Prior experience with GAGAS and Uniform Guidance.

Designed For

CPAs performing Yellow Book and Uniform Guidance audits.

Objectives

Describe the changes to Yellow Book. Analyze how nonaudit services impact independence. Identify proposed changes to the Uniform Guidance. List common deficiencies found in Single Audits. Identify the five methods of procurement. Describe the changes to the new Compliance Supplement.

Preparation

None.

Notice

None.

Leader(s):

Leaders

Melisa Galasso

4.52 stars out of 5

Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with over 15 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not for profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. She also supports essential professional development, audit level training, and train the trainer efforts.

Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers.

She also serves on the FASB’s Not-for-Profit Advisory Committee (NAC), the AICPA’s Technical Issues Committee (TIC), has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors.

Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017 and 2018. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other awards for public speaking and technical training.

Get real-time A&A updates and answers from Melisa Galasso via the WSCPA’s A&A Today videos on YouTube!

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Non-Member Price $159.00

Member Price $129.00