A Complete Guide to the Yellow Book - Connecticut Society of CPAs

Overview

If you work with governments and not-for-profits, a thorough understanding of the Yellow Book is essential. This course will equip you with a comprehensive knowledge of the Yellow Book requirements and increase your confidence and proficiency in performing Yellow Book audits. The course materials utilize a highly illustrative and innovative format including over 20 focused exercises on key practice issues.

Objectives

Thoroughly understand the requirements of the Yellow Book and how they relate to the AICPA and single audit requirements

Excel in the Yellow Book auditing arena

Save time and stress on Yellow Book engagements via in-depth knowledge of the requirements

Highlights

When is the auditor required to follow the Yellow Book (aka Government Auditing Standards or GAGAS)?

How the Yellow Book requirements relate to generally accepted auditing standards and the single audit requirements

The different types of Yellow Book audit and attestation engagements that auditors may be called upon to perform

The Yellow Book standards related to the qualifications of the auditor (i.e., requirements related to independence, CPE, peer review, and more)

The Yellow Book requirements related to the performance of and reporting on a financial audit

The Yellow Book requirements related to attestation engagements (i.e., examinations, reviews, and agreed-upon procedures engagements) and performance audits

Designed For

Auditors performing Yellow Book engagements

Prerequisites

Basic audit knowledge

Preparation

None

Notice

By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Fees

Credits

Specialized Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Jeffrey Lieman, Lieman Associates, LLC

Leader Bios

Jeffrey Lieman, Lieman Associates, LLC

Jeff Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals. Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Lieman’s previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.

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