2018 YELLOW BOOK (with 2021 updates): U.S. GOVERNMENT AUDITING STANDARDS


Outcomes: This is a brand-new course, especially created for USAID and CDC auditors, that presents the newly revised rules of the “Yellow Book’’ (Generally Accepted Government Auditing Standards – GAGAS) in detail and highlights important changes/updates in USG rules/regulations that auditors must fully understand for compliant audits.

This NASBA-accredited 8-hour course explains what you need to know to avoid the risk of having your audit reports being rejected by certain USG Agencies and not paid for by the US Government.

The Yellow Book rules require all “Auditors who plan, direct, perform engagement procedures for, or report on an engagement conducted in accordance with GAGAS should develop and maintain their professional competence”…

This course is conducted by a practicing CPA with over 40 years of hands-on USAID financial management, audit and compliance experience.

Group Internet-based Offering (live online webinar)
Basic: No Advance Preparation or Prerequisites Required; CPE Credit Hours: 8 Auditing (Govt)

START & END

CITY

VENUE

INSTRUCTOR

Day 1: July 26 – 10:00AM – 2:30PM (SAST) with one 30-minute break
Day 2: July 27 – 10:00AM - 2:30PM (SAST) with one 30-minute break

International

Live Online Webinar

Doug Franke

$185

Description

Studying of the most current version of the Yellow Book and reviewing the ADS 591maa which is the “USAID Financial Audit Guide for Foreign Organizations”. These two documents, together, provide the theory and practical guidance for auditors to prepare compliant USAID audit reports.

How the changes may affect your audit planning, execution and reporting

  • 2018 Yellow Book Course for US Generally Accepted Government Auditing Standards – Chapter 1 - Foundation and Principles for the Use and Application of Government Auditing Standards. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 2 – General Requirements for Complying with Government Auditing Standards. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 3 – Ethics, Independence, and Professional Judgement. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 4 – Competence and Continuing Professional Education. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 5 – Quality Control and Peer Review. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 6 – Standards for Financial Audits. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 7 – Standards for Attestation Engagements and Reviews of Financial Statements. Q&A and Polling Quizzes throughout.
  • Yellow Book Chapter 8 and 9 – Fieldwork Standards for Performance Audits; Reporting Standards for Performance Audit – high level overview of potential applicability to your firm.
Participants are welcome to ask questions to clear-up any issues or concerns during the Q&A sessions which are held throughout the course.

Agenda

Agenda TBA

Venue and hotel

Group Internet-based Offering (live online webinar)

 

Policies

CPE Credit

SustainAbility Solutions is registered with the Michigan Association of Certified Public Accountants (MACPA) which is a sponsor of continuing professional education credits. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit and SustainAbility Solutions works with the MACPA to ensure that it's courses and trainers meet the high Michigan standards. Complaints regarding our courses may be submitted to info@SustainAbilitysolutionspc.com

Payment Policy

Payments for all participants must be made before the first day of the course. Individuals and companies/organizations have three different methods of payment: credit card, check (drawn on a US bank) or wire transfer. When you register through our on-line form you should indicate which payment method you prefer and we will send you the appropriate payment instructions. If you wish to register multiple participants or if you are signing up for more than one course in a week then discounts may apply. See below.

Cancellation/No Show Rules

Cancellation notifications received in writing to info@SustainAbilitysolutionspc.com within 10 working days before the first day of any course will be eligible for a full credit to a future course. Registrants who cancel between 10 working days and the first day of the course will receive a credit of the fee paid less a $75 cancellation penalty. This fee will go to covering some of the costs that will have been incurred for the pre-booked venue. Registrants who do not show up for the course, without prior notification, will forfeit the full registration fee.

Group Discounts

Individuals or groups that sign up for more than two courses during the year are offered a 10% discount. Also, organizations that sign up more than three participants for any individual course can also earn a 10% discount. To receive the discounts you must register all participants at the same time and receive confirmation of this arrangement with our registration staff.

If you have any questions about our policies please send us an email as noted on the Contact Us tab.

Visas and Vaccination

Remember to apply for any visit visas early and to bring the Yellow Travel Card showing proof of vaccination if necessary.