This course will provide an overview of what is changing in both governmental accounting and auditing. The Government Accounting Standards Board (GASB) has been busy lately, and we will review the accounting standards issued by GASB, including Leases and Fiduciary Activities. We will focus on the implementation of standards that will be effective in the near future. The course will also address common COVID-19-related reporting issues. We then shift to audit to explore the major changes in Single Audit and Yellow Book that are impacting governmental accountants and auditors including those changes brought about by the global pandemic.