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2022 Yellow Book Update: Current Issues in Performing Yellow Book Audits

  • Accountant
  • CRMA
  • CFE
  • CGAP
  • CGFM
  • CPA (US)
  • IAP
  • QIAL
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The 2022 Edition of the GAAS Guide has been updated to reflect the latest available professional standards. This CPE course reflects all the changes resulting from the AICPA's efforts to clarify auditing, attestation, preparation, compilation, and review standards.

This CPE webinar includes the important changes to Yellow Book as well as Single Audits.

It will review the major changes auditors need to understand when performing audits under GAGAS (Yellow Book or Government Auditing Standards). Areas of focus include the updated independence requirements, form and organization of the guidance, and quality control as well as common deficiencies.

Our speaker Jennifer Louis will look at the AICPA’s reporting standard and its impact on the auditor’s report as well as the Compliance report for Single Audits. We will then switch gears and cover the Uniform Guidance including the most recent changes to the Uniform Guidance.

This CPE course will be an overview of: 

  • Scope and nature of Government Auditing Standards (Yellow Book). 
  • Yellow Book general standards, including independence. 
  • Requirements for performing financial statement audits performed by generally accepted auditing standards and Yellow Book.
  • Reporting and communication requirements of a financial statement audit performed under Yellow Book.
  • Differences in audit objectives and reporting requirements for various Yellow Book engagements, including performance audits.

Join this Yellow Book CPE webinar to learn the Yellow book updates and current issues in performing yellow book audits.

Learning Objectives

  • To describe the key changes resulting from the 2018 revision to Government Auditing Standards (Yellow Book).
  • To explain important areas of emphasis within the Yellow Book.
  • To discuss the types of engagements covered by Government Auditing Standards (Yellow Book).
  • To explain what needs to be done differently from generally accepted auditing standards (SASs) on financial statement audits to also comply with Yellow Book.
  • To discuss other services that Yellow Book applies to, such as reviews, examinations, agreed-upon procedures, and performance audits.

Recommended For

  • This CPE course is recommended for CPA, IAP, QIAL, CGFM, CGAP, CFE, and other Audit Professionals who want to learn the Yellow book updates and current issues in performing yellow book audits.

Who Should Attend?

  • Accountant
  • Auditors
  • Certified Fraud Examiner
  • Certified Public Accountant (CPA)
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 General Credit of Auditing (Govt.) for Accountant/Bookkeeper/Tax Professionals
  • 2 CPE Credit of Accounting & Auditing (Govt.) for Certification in Risk Management Assurance (CRMA)
  • 2 CPE Credit of Accounting & Auditing (Govt.) for Certified Government Auditing Professional (CGAP)
  • 2 CPE Credit of Accounting & Auditing (Govt.) for Certified Government Financial Manager (CGFM)
  • 2 CPE Credit of Auditing (Govt.) for Certified Public Accountants (CPA-US)
  • 2 CPE Credit of Accounting & Auditing (Govt.) for Internal Audit Practitioner (IAP)
  • 2 CPE Credit of Accounting & Auditing (Govt.) for Qualification in Internal Audit Leadership (QIAL)
  • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2 CE Credit for Certified Wealth Strategist (CWS)
  • 2 CPE Credit of Auditing (Govt.) for Certified Fraud Examiner (CFE)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    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 through its website: www.NASBARegistry.org.

Presenter

About Presenter

Jennifer Louis, CPA (US)

President, Emergent Solutions Group LLC

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.

About Company

Emergent Solutions Group LLC

www.emergentgroup.net

Emergent Solutions Group is highly rated in course design and instruction on a wide array of topics, including accounting, auditing, personal development, project management, practice management, and more. Our Services includes : 

1. Developing High-Caliber, Cost-Effective Training Content

2. Revamping or Customizing Existing Training Offerings

3. "On-Call” Instructing and Speaking

4. Training the Trainer

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.3

4 Ratings

Excellent

2

Very Good

1

Average

1

Poor

0

Terrible

0

MM

Margaret Manley, CPA (US)

Sep 18th, 2022

The presentation was very informative and relevant.

2022 Yellow Book Update: Current Issues in Performing Yellow Book Audits

PREMIUM

2 Credits

Subject Area

Auditing (Govt.)

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