Performing engagements in accordance with Generally Accepted Government Auditing Standards (GAGAS or “Yellow Book”) requires additional reporting, ethics, and performance requirements. This course will identify and review the guidance found in the Yellow Book and analyze the relationship between Government Auditing Standards and the AICPA Code of Professional Conduct. We will review the Yellow Book requirements for financial statement audits while also touching upon ethical principles and independence. 

Agenda: 

• Ethics (pg6)
• Yellow Book Independence (pg12)
• Competence (pg40)
• Quality Control (pg53)
• Standards for Financial Audits (pg 57)
• Example Reporting (pg85)