Yellow Book and Single Audit

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

Navigating Yellow Book and Single Audit requirements can be daunting, with their complex rules and heightened expectations for compliance and reporting. How can auditors ensure they meet the rigorous standards required by generally accepted government auditing standards (GAGAS) and OMB Uniform Guidance?

This CPE course is designed to demystify these challenges and equip professionals with the tools and knowledge to excel in these specialized engagements. You’ll learn practical strategies for designing and documenting effective tests of compliance and internal controls, along with techniques for identifying and addressing audit findings. Gain the confidence to handle the unique challenges of these audits while ensuring compliance with all applicable standards.

Learning Objectives

Compare auditor responsibilities under GAAS, GAGAS, and OMB Uniform Guidance.
Identify and address common deficiencies in Yellow Book and Single Audit engagements.
Apply best practices for testing internal controls and compliance in federal programs.
Discuss special reporting requirements for Yellow Book and Single Audits.
Assess risk factors beyond financial statement audits under SASs and Yellow Book.
Effectively document and communicate internal control deficiencies and compliance findings.

Major Topics Covered:

Yellow Book Key Differences
Single Audit Compliance Essentials
Risk Assessment Beyond Basics
Internal Control Audit Strategies
Effective Deficiency Communication

Credits and Other information:

Recommended CPE credit – 2.0
Recommended field of study – Taxes
Session Prerequisites and preparation: None
Session learning level: Basic
Location: Virtual/Online
Delivery method: Group Internet Based
NASBA Sponsor: 146439
IRS Course ID: PJGWS-T-00102-24-O
Attendance Requirement: Yes
Session Duration: 2 Hours
Case Studies and Live Q&A session with speaker
PowerPoint presentation for reference

Who Will Benefit:

CPA
Enrolled Agents (EAs)
Tax Professionals
HR Professionals
Payroll professionals
Finance professionals
Compliance professionals
Operations professionals
Business Owners/Executive Officers/Operations and Departmental Managers
Accountant/Accounting Professionals

Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Speaker Profile:

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.

Yellow Book and Single Audit Tips for Better Returns

EVENT DATE:

PRESENTER(s): Jennifer Louis, CPA

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

Our Accreditation Partners