Generally Accepted Government Auditing Standards (Yellow Book): Performance Audits (Completed)

Auditors who perform governmental audits or those organizations subject to Generally Accepted Government Auditing Standards (GAGAS) should be familiar with the most recent update of the standards. This course is a summary of chapters six and seven of GAGAS pertaining to field and reporting standards of performance audits.

Who Should Attend
CPAs and non-CPAs charged with preparing governmental performance audits and those individuals employed by organizations receiving governmental funding subject to performance audits.

Topics Covered

• GAGAS specific to performing and reporting of performance audits
• Internal and information systems controls and awareness of fraud and abuse in planning performance audits
• GAGAS specific requirements relating to performing and reporting on attestation engagements
• Findings development and reporting pertaining to performance audits

Learning Objectives

• Understand the 2010 GAGAS update relating to performance audits
• Become familiar with the reporting process of performance audit subject matter
• Distinguish the reporting process of a performance audit from that of other engagements
• Understand the procedures involved with developing audit findings

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Auditing (Governmental) (2 hours)

Program Prerequisites
None

Advance Preparation
None