# Government Auditing Standards: Review and Update Course (Self-Paced) Canonical URL: ## Overview Receive an in-depth review and update on the 2024 revision of Government Auditing Standards, including a summary of the changes in the 2024 Yellow Book update. Discuss the structure of the 2024 revisions of the standards and the major changes, focusing on the sections applicable to performance audits. Discuss the purpose and requirements of individual standards, with emphasis on the recent changes. Apply specific standards to real-life cases through a series of quizzes and exercises that make this course an interesting and enjoyable learning experience. The course can be tailored for on-site delivery in segments of four hours or less to meet your needs. ## What you'll learn - Review the purpose and applicability of the Government Auditing Standards. - Review the ethical principles that influence the application of the Government Auditing Standards. - Review the types of audits and engagements, focusing on performance audits. - Review the general standards, including updates. - Review the fieldwork standards for performance audits, including updates. - Review the reporting standards for performance audit, including updates. ## Curriculum #### Module 1: Introduction to Government Auditing Standards - Understand the purpose and scope of Government Auditing Standards (GAGAS) - Differentiate types of audits: financial, attestation, and performance - Identify GAGAS users and engagements - Review the structure and format of the Yellow Book #### Module 2: Ethical Principles and Independence - Explore ethical principles: public interest, integrity, objectivity - Understand the independence requirements and conceptual framework - Learn how to identify and mitigate threats to independence - Distinguish between nonaudit services that impair or do not impair independence #### Module 3: Professional Judgment and Competence - Apply professional judgment throughout the audit lifecycle - Understand continuing professional education (CPE) requirements - Learn roles and responsibilities within audit teams - Define qualifications for specialists and staff assignments #### Module 4: Quality Management and Peer Review - Implement a system of quality management for audit engagements - Understand engagement quality reviews (EQRs) - Evaluate internal and external peer review procedures - Learn new 2024 Yellow Book updates for Chapter 5 #### Module 5: Fieldwork Standards for Performance Audits - Plan audits using risk and significance assessments - Gather sufficient and appropriate evidence - Supervise audit staff and document fieldwork - Evaluate internal controls, compliance, fraud, and abuse #### Module 6: Reporting Standards for Performance Audits - Structure and write performance audit reports - Include required content: objectives, methodology, findings - Understand reporting of internal control deficiencies and fraud - Distribute reports and ensure compliance with GAGAS ## Pricing **Tuition:** $649