Objective
- Thoroughly understand the requirements of the Yellow Book and how they relate to the AICPA and single audit requirements
- Apply the Yellow Book in an effective and efficient manner
- Save time by understanding what the Yellow Book does and does not require auditors to do
Highlights
- Critical concepts related to applying the Yellow Book, including when the standards are applicable; the types of engagements involved; and the relationship between the Yellow Book and other standards
- The Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality control; and peer review
- The Yellow Book requirements related to performing and reporting on financial audits and how those requirements affect the audit in areas like internal control
Designed For
Auditors performing Yellow Book engagementsPrerequisite
Basic audit knowledgeAdvanced Preparation
None