If you work with governments or not-for-profits, mastering the fundamentals of Yellow Book and single audits is essential. This beginner-friendly course breaks down the key requirements of the Yellow Book and the Uniform Guidance for Federal Awards into clear, manageable concepts. You’ll learn the essentials of performing Yellow Book and single audits with confidence—building a strong foundation, boosting your understanding, and equipping you to conduct audits efficiently and effectively.
This course features a live instructor and has been specifically designed for the NJCPA.
DESIGNED FOR
Not-for-profit and government auditors
BENEFITS
- See how Yellow Book audits and single audits differ from GAAS audits
- Understand the extra steps needed to meet Yellow Book expectations for a financial audit
- Navigate essential single audit concepts
HIGHLIGHTS
- What’s included (and excluded) in a Yellow Book audit
- Key qualification, performance, and reporting standards under the Yellow Book
- How single audits differ from financial statement audits, plus core concepts like the SEFA, major program determination, and findings reporting
- Fundamentals of testing internal controls over compliance and performing compliance testing
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for Yellow Book credit