GAGAS Performance Audit Standards – Video Course
Field: Auditing (Governmental) | Delivery Method: Self Study | CPE Hours: 2.0
The Government Accountability Office (GAO) released an updated version of the Yellow Book in 2018. The GAGAS Performance Audit Standards – Video Course highlights the crucial updates performance auditors need to know, including independence, CPE requirements, and quality control and peer review. Performance auditors will learn the major and minor themes of the engagement chapters as well as new terms and definitions added to the latest Yellow Book.
- Identify the elements of a finding
- Distinguish among the five elements of a finding
- Identify qualities of a compelling effect statement
- Identify relevant testing to support the condition and cause
- Recall reportable conditions and related behaviors
- Identify the basic requirements of independence as defined by GAO
- Identify the purpose of independence in an audit
- Recognize the GAO’s requirements on non-audit services
- Cite CPE requirements established by the GAO
- Identify qualities of a good recommendation
- Recall the five components of control
- Recognize the importance of the elements of a finding
- Recall reportable conditions and related behaviors
- Cite documentation requirements
- Recall the GAO’s definition of roles on an engagement
Field: Auditing (Governmental)
CPE: 2
Delivery Method: Self-Study
Format: Video
Your Instructor
Leita Hart-Fanta, CPA, CGFM, CGAP has developed curriculum and taught seminars for hundreds of audit teams including Walmart, Deloitte, CALPERS, Sandia Labs, the Veteran’s Administration, the University of Texas and the City of San Francisco. She is the author of over a dozen books on auditing and accounting. Leita’s two best sellers are the McGraw-Hill book “Accounting Demystified” and the self-study course “The Yellow Book Interpreted.” She is the founder of YellowBook-CPE.com, a website that offers continuing education to government auditors.