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Friday, October 23, 2020 Webcast

Yellow Book Independence and Single Audit Fundamentals (X2-17657)

11:00 AM - 3:00 PM EDT

Webcast


4.0 CPE Credits in AA

OVERVIEW

This CPE course explains Yellow Book independence including the general requirements, requirements for auditors providing non-audit services and documentation requirements. This course also explains the basic elements of a Uniform Guidance compliance audit, including an overview of requirements, major program determination with examples, an understanding of compliance requirements and related internal control over compliance, sampling, and single audit reporting. It also covers the COVID-19 changes related to GAGAS.

DESIGNED FOR

CPAs in public practice and members in industry

BENEFITS

After attending this presentation you will be able to...

  • Identity the conceptual framework for making independence determinations
  • Identify independence threats related to preparing financial statements and accounting records

HIGHLIGHTS

The major topics that will be covered in this class include:

  • The conceptual framework approach to independence
  • Independence threats related to preparing financial statements and accounting records
  • Consideration of specific non-audit services that would and would not impair independence
  • Documentation necessary to support adequate consideration of auditor consideration
  • Fundamentals of a compliance audit performed under the Uniform Guidance
  • Schedule of expenditure of federal awards
  • Determination of major programs
  • Using the Compliance Supplement 
  • Uniform Guidance administrative requirements and cost principles 
  • Testing internal control over compliance
  • Testing compliance
  • Writing an audit finding
  • Reporting requirements of a single audit
  • COVID-19 changes

COURSE LEVEL

Basic

PREREQUISITES

General knowledge of Yellow Book and single audits

ADVANCE PREPARATION

None

INSTRUCTOR

Adelina Burke

Adelina Burke, CPA

PRICING

$129.00 - Member

$139.00 - Nonmember

$0.00 - Student Member

$0.00 - CPA Candidate Member

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

CPA Crossings

Qualifies For

  • Yellow Book