OVERVIEW

This course will review focus areas for peer review for Single Audits and Yellow Book engagements. We will review the requirements for major program determination, testing compliance, testing internal controls over compliance, sampling, and reporting for Single Audits. We also address Yellow Book CPE and independence requirements. This course will provide an overview of common deficiencies found during peer review and how entities can effectively and efficiently perform these procedures.

HIGHLIGHTS

Singe audits. Yellow book. Internal controls.

PREREQUISITES

Prior experience with governmental auditing.

DESIGNED FOR

Accountants in public practice who serve governmental and nonprofit entities.

OBJECTIVES

Describe CPE requirements for Yellow Book engagements. Perform a major program determination compliant with the Uniform Guidance. Properly identify internal controls over compliance. Compare internal controls over compliance with compliance tests. List the reporting requirements for Single Audits.