Government Auditing Standards and application guidance are examined for auditors who work with state and local governments or not-for-profits.
This course features a live instructor and has been specifically designed for the NJCPA.
DESIGNED FOR
Government auditors and public accountants who will be planning or conducting engagements in accordance with *Government Auditing Standards*, 2024 Revision (Yellow Book).
BENEFITS
- Recognize the types of auditors and audit organizations that may employ GAGAS to conduct their work.
- Identify the requirements contained in
- Government Auditing Standards
- (generally accepted government auditing standards, GAGAS, or the Yellow Book).
- Recognize the fundamental ethical principles and the role of professional judgment in the government environment.
- Recognize requirements relating to competence and continuing professional education.
- Identify additional GAGAS requirements for conducting and reporting on financial audits.
- Identify the three types of attestation engagements found in generally accepted government auditing standards (GAGAS or the Yellow Book) and the additional GAGAS requirements beyond those of the AICPA for attestation engagements.
- Recall the overall approach for auditors to apply in planning and performing an audit to obtain sufficient, appropriate evidence that provides a reasonable basis for findings and conclusions based on the audit objectives.
HIGHLIGHTS
Foundation and principles of generally accepted government auditing standards (GAGAS)
Yellow Book compliance requirements
Ethics, independence, and professional judgment
Competence and continuing professional education
Quality control and peer review
Standards for financial audits, attestation engagements, and reviews of financial statements
Fieldwork and reporting standards for performance auditsPREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for Yellow Book credit