• Foundation and principles for use and application of GAGAS
• General requirements for complying with the Yellow Book
• Ethics, independence, and professional judgment
• Competence and CPE
• Quality control and peer review
• Standards for financial audits
• Standards for attestation and review engagements
• Fieldwork and reporting standards for performance audits
Learning Objectives
When you complete this course, you will be able to: • Distinguish the types of engagements that are performed under generally accepted government auditing standards (GAGAS)
• Recognize the requirements found in Government Auditing Standards (Yellow Book)
• Identify the requirements and guidance related to independence
• Recall the requirements regarding CPE, professional judgement, quality control and peer review under GAGAS
• Identify the additional requirements for performing and reporting on a financial audit under GAGAS
• Recall the requirements for performing attestation and review of financial statement engagements and performance audits under GAGAS
Major Topics
• Foundation and principles for use and application of GAGAS
• General requirements for complying with the Yellow Book
• Ethics, independence, and professional judgment
• Competence and CPE
• Quality control and peer review
• Standards for financial audits
• Standards for attestation and review engagements
• Fieldwork and reporting standards for performance audits
