2024 Governmental Auditing Update: Yellow Book & Uniform Guidance

Overview

Yellow Book and Single Audit engagements are considered must select engagements for Peer Review. This course will cover the Yellow Book independence requirements which are required any time an auditor is performing a Yellow Book or Single Audit even when the engagement is for a for-profit entity. 

We'll take a look at the major changes in the 2024 Compliance Supplement as well as the changes to the Uniform Guidance. We'll close with major deficiencies identified by the federal agencies and peer reviewers. 

Highlights

• 2024 Compliance Supplement
• Uniform Guidance
• Quality Management
• Yellow Book

Prerequisites

Prior experience with GAGAS and the Uniform Guidance

Designed For

Accounting professionals

Objectives

• Identify changes to single audits as a result of the 2024 Compliance Supplement 
• Recognize changes to the Uniform Guidance 
• Recall common deficiencies found related to Single Audits
• Recall the independence requirements in Yellow Book

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.