Overview

4.0 Credits
ONLINE

Yellow Book and Single Audit engagements are considered must-select engagements for Peer Review. This course will cover the Yellow Book independence requirements which are required any time an auditor is performing a Yellow Book or Single Audit, even when the engagement is for a for-profit entity.

We'll take a look at the major changes in the 2024 Compliance Supplement as well as the changes to the Uniform Guidance. We'll close with major deficiencies identified by the federal agencies and peer reviewers.

Objectives

  • Identify changes to single audits as a result of the 2024 Compliance Supplement
  • Recognize changes to the Uniform Guidance
  • Recall common deficiencies found related to Single Audits
  • Recall the independence requirements in Yellow Book

Major Topics

 

Designed For

 

Prerequisite

Prior experience with GAGAS and the Uniform Guidance

Advanced Preparation

None

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