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2026/27 Yellow Book Update

Tuesday, Feb. 23
 11:00am - 12:00pm

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1.00 Credits

Member Price $55.00

Non-Member Price $75.00

Overview

Stay current on key developments affecting governmental audits with this focused update on the 2024 revision of the Yellow Book. This course highlights significant changes related to quality management and updates affecting key audit roles, with an emphasis on how these revisions impact audit planning and execution.

The course also addresses the GAO’s implementation delay and its implications for 2026 audit planning. Participants will gain context around recent leadership changes at the U.S. Government Accountability Office and what those transitions may signal for future guidance and oversight priorities.

In addition, the course includes an overview of recent updates to the Green Book, helping auditors understand changes to internal control guidance that may affect governmental entities and Single Audit engagements.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives

After attending this presentation, you will be able to...

  • Recall the requirements related to quality management in the 2024 Yellow Book.
  • Identify changes to the effective date of the 2024 Yellow Book.
  • Recognize recent changes to the Green Book.

Highlights

The major topics that will be covered in this course include:

  • Significant changes related to quality management and updates affecting key audit roles, with an emphasis on how these revisions impact audit planning and execution.
  • The GAO's implementation delay and its implications for 2026 audit planning.
  • Recent leadership changes at the U.S. Government Accountability Office and what those transitions may signal for future guidance and oversight priorities.
  • Overview of recent updates to the Green Book, helping auditors understand changes to internal control guidance that may affect governmental entities and Single Audit engagements.

Designed For

Accountants and Auditors

Prerequisites

Prior experience with Yellow Book engagements

Preparation

None

Notice

You will receive an email from CPA Crossings via Webex with instructions to access the webinar.

Leader(s):

Leader Bios

Melisa Galasso, Founder and CEO, Galasso Learning Solutions LLC

Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.

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Non-Member Price $75.00

Member Price $55.00