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myCPE

Yellow Book Update 2025: Fraud and Internal Controls 8 Credits

Jan 07, 2025, 12:00 PM ET

Yellow Book Update 2025: Fraud and Internal Controls 8 Credits

  • Rating

    4.9
  • Published on

    January, 2025
  • Subject Area

    Auditing (Govt.)

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Jan 07, 2025, 12:00 PM ET

Learning Objective

  • Identify Yellow Book's general ethical principles.
  • Recognize current fraud trends, including those relevant to government entities.
  • List emerging cybersecurity threats.
  • Distinguish the importance of professional skepticism in detecting fraud.
  • Recall important components of internal controls over compliance.
  • Distinguish internal control responsibilities for Yellow Book and compliance audits.
  • Interpret root causes of findings for stronger corrective action.
  • List required elements of a Yellow Book and Single Audit findings.

Course Overview

Government entities and nonprofit entities face significant scrutiny due to their high public accountability, making fraud prevention and internal controls crucial. In this CPE course, we’ll explore the essential risk management and auditing strategies needed to ensure compliance with the Yellow Book and navigate the complexities of governmental audits.

The course will explore critical fraud detection techniques and internal control principles, helping auditors maintain professional skepticism and tackle challenges like cybersecurity threats. With real-world examples and actionable insights, it will help you improve your ability to prevent and detect fraud while ensuring compliance with stringent auditing standards.

Major Topics Covered: 

  • Yellow Book Ethical Principles.
  • Current Fraud Trends.
  • Cybersecurity Threats Impact.
  • Professional Scepticism in Audits.
  • Internal Controls Over Compliance.

Join us today and gain the expertise needed to successfully navigate Yellow Book and compliance audits, strengthening your audits and increasing organizational trust.

For more A&A Govt Courses, Click here.

On Demand Credits for All Qualifications

Nano Credits for All Qualifications

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 8 CPE Approved
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 8 CPE Eligible
Certified Government Financial Manager (CGFM) 8 CPE Eligible
Internal Audit Practitioner (IAP) 8 CPE Eligible
Certified Internal Controls Auditor (CICA) 8 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 8 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 8 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 8 CPE Eligible
Certified Controls Specialist (CCS) 8 CPE Eligible
Certified Government Auditing Professional (CGAP) 8 CPE Eligible
License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 8 CPE Approved
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 8 CPE Eligible
Certified Government Financial Manager (CGFM) 8 CPE Eligible
Internal Audit Practitioner (IAP) 8 CPE Eligible
Certified Internal Controls Auditor (CICA) 8 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 8 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 8 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 8 CPE Eligible
Certified Controls Specialist (CCS) 8 CPE Eligible
Certified Government Auditing Professional (CGAP) 8 CPE Eligible
License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 8 CPE Approved
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 8 CPE Eligible
Certified Government Financial Manager (CGFM) 8 CPE Eligible
Internal Audit Practitioner (IAP) 8 CPE Eligible
Certified Internal Controls Auditor (CICA) 8 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 8 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 8 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 8 CPE Eligible
Certified Controls Specialist (CCS) 8 CPE Eligible
Certified Government Auditing Professional (CGAP) 8 CPE Eligible
License details Credits Status
Auditing (Govt.) for Certified Public Accountants (CPA-US) 8 CPE Approved
Auditing (Govt.) for Delaware Licensed Public Accountant (DE-LPA) 8 CPE Eligible
Certified Government Financial Manager (CGFM) 8 CPE Eligible
Internal Audit Practitioner (IAP) 8 CPE Eligible
Certified Internal Controls Auditor (CICA) 8 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 8 CPE Eligible
Auditing (Govt.) for Iowa Licensed Public Accountant (IA-LPA) 8 CPE Eligible
Auditing (Govt.) for Maine Licensed Public Accountant (ME-LPA) 8 CPE Eligible
Certified Controls Specialist (CCS) 8 CPE Eligible
Certified Government Auditing Professional (CGAP) 8 CPE Eligible

Additional Information

Credits

8

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Discover CPA CPE courses with MYCPE ONE, designed to make earning your credits simple and hassle-free. Our expert-led online courses cover a variety of topics tailored to your professional needs. With flexible scheduling and the freedom to learn at your own pace, we’ve reimagined continuing education for today’s busy CPA. Start your journey with us today and take the next step toward achieving your career goals!

About Instructor

Stay Ahead of the Game with Jennifer Louis CPD/CPE Webinars
Jennifer Louis , CPA (US)

President, Emergent Solutions Group LLC

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Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

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Dana Swart, CPA (US)
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Very informative and good presentation skills.

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Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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