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.
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