This course covers the most recent release of the Government Accountability Office (GAO) Generally Accepted Government Auditing Standards (GAGAS) also known as the 2018 Yellow Book. This section discusses Chapter 4-Competence and Continuing Professional Education.

This course will cover GAGAS requirements for Competence which includes being knowledgeable about GAGAS requirements and the ability to proficiently apply that knowledge. The course also includes real-world cases and examples to support the learning objectives.

The 2018 revision of the Yellow Book is effective for financial audits, attestation engagements, and reviews of financial statements for periods ending on or after June 30, 2020, and for performance audits beginning on or after July 1, 2019. Early implementation is not permitted.

Learning Objectives
  • Recognize the fundamental Generally Accepted Government Auditing Standards (GAGAS) competence requirements
  • Recognize how to proficiently apply the GAGAS requirements on engagements
  • Identify auditor and audit organization continuing professional education (CPE) requirements
Last updated/reviewed: March 27, 2024
9 Reviews (63 ratings)


Anonymous Author
If someone wants to know the requirements for Competency and CPE, then this is a great course. It is a little basic, but the requirements need to understood by people involved with GAGAS engagements.

Anonymous Author
I think some of your test questions are not clear and confusing. For example in this test you could use any of those people as specialists depending on the subject/scope of audit.

Member's Profile
This course provides a high level review of the CPe and competence requirements for those performing on GAGAS engagements.

Anonymous Author
The training featured an extended clip from a news organization known as a conspiracy-pseudoscience source. Why?

Anonymous Author
2018 Yellow Book Part 3: Government Auditing Standards: Competence and Continuing Professional Education Course

Anonymous Author
Shorter but specific class on auditing competence and requirements for continuing education.

Anonymous Author
This course provided a very good overall review of Competence and Continuing Education.

Anonymous Author
Nice quick instruction, good slides for support. Test questions were straight forward.

Anonymous Author
The CPE refresher information and the number of CPEs needed per year was useful.

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to 2018 Yellow Book Part 3: Government Auditing Standards: Competence and Continuing Professional Ed...6:40
  Competence Requirements9:16
  Continuing Competence7:31
  CPE and Professional Judgment11:25
  2018 Yellow Book Part 3: Government Auditing Standards: Competence and Continuing Professional Ed...44:21
Supporting Materials
  Slides: 2018 Yellow Book Part 3PDF
  2018 Yellow Book Part 3 Glossary/IndexPDF