Government Auditing Standards and Professional Requirements
SKU: CPE-07-180
Credit Hours: 3
Level: Intermediate
Category: Auditing
Program Prerequisites: Basic understanding of the auditing process.
Delivery Method: PDF
Instructor: Andrew Clark, EA.
Course Description:
This course will describe when the Yellow Book standards must be applied, identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organizations, identify the ethical principles that guide the work of auditors who conduct engagements in accordance with GAGAS and identify the individuals that have a role on an audit engagement.
This course will cover the following topics:
- Recognize when the Yellow Book standards must be applied.
- Identify the new organization and format of the 2018 Yellow Book.
- Recognize the five areas that changed in the 2018 Yellow Book from the 2011 Yellow Book.
- Identify the categories of requirements that GAGAS uses to describe the degree of responsibility imposed on auditors and audit organization.
- Identify the ethical principles that guide the work of auditors who conduct engagements in accordance with GAGAS.
- Recognize the purpose of applying the GAGAS Conceptual Framework.
- Recognize that action that must be taken by auditors if they conclude that the independence of the engagement team or the audit organization is impaired.
- Identify the individuals that have a role on an audit engagement.
- Identify the number of CPE hours that must be completed in a 2-year period in order to maintain their professional competence.
- Recognize the requirements related to specialists using during an audit.