Webinar: Yellow Book Independence and Single Audit Fundamentals
WC996 | Course | Basic | Scheduled
Description
This CPE course explains Yellow Book independence including the general requirements, requirements for auditors providing non-audit services and docum
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Auditing (Governmental) |
Designed For
CPAs in public practice and members in industry
Prerequisites
General knowledge of Yellow Book and single audits
Highlights
The major topics that will be covered in this class include:
- The conceptual framework approach to independence
- Independence threats related to preparing financial statements and accounting records
- Consideration of specific non-audit services that would and would not impair independence
- Documentation necessary to support adequate consideration of auditor consideration
- Fundamentals of a compliance audit performed under the Uniform Guidance
- Schedule of expenditure of federal awards
- Determination of major programs
- Using the Compliance Supplement
- Uniform Guidance administrative requirements and cost principles
- Testing internal control over compliance
- Testing compliance
- Writing an audit finding
- Reporting requirements of a single audit
Objectives
After attending this presentation you will be able to...
- Identity the conceptual framework for making independence determinations
- Identify independence threats related to preparing financial statements and accounting records
- Identify specific non-audit services that would and would not impair independence
- Complete proper audit documentation to support adequate consideration of auditor independence
- Identify what a single audit entails
- Identify the basic audit requirements in a Uniform Guidance compliance audit
- Identify key auditee and auditor responsibilities in the compliance audit of federal awards
- Recognize key consideration related to the auditor's responsibilities regarding testing and reporting on compliance under the Uniform Guidance
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $149.00
- Non-Member (Early Bird)
- $149.00
- Member
- $149.00
- Non-Member
- $149.00