This course covers the generally accepted government auditing standards (GAGAS) requirements and guidance for audit organization quality control and assurance, and for administering, planning, performing for personnel competence as well as how auditors should approach consultations as needed. It also discusses managing the peer review process for audit organizations that conduct engagements in accordance with GAGAS. 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 why auditors who perform engagements under generally accepted government auditing standards (GAGAS or the Yellow Book) are required to maintain high quality control standards and how to do so.
  • Identify the steps required to properly perform a consultation on difficult subject matter.
  • Identify the types of engagements that can be performed in accordance with generally accepted government auditing standards (GAGAS, or the Yellow Book) including Financial Audits, Attestation Engagements, and Performance Audits
Last updated/reviewed: January 24, 2023
7 Reviews (46 ratings)


Member's Profile
The case examples did not illustrate Quality Monitoring and GAGAS Peer Review, rather they were examples of fraud in other functions such as contracting. RT? Really? Please find more credible and independent media than Russia Today.

Anonymous Author
The inclusion of cases helps keep focus on what can be a mundane topic of rules and regulations. Adam has a good delivery that additionally helps keep the student focus.

Anonymous Author
Myself, and many others, are least familiar with this section of GAGAS. This training helps bring that to light.

Member's Profile
This course was laid out in an understandable fashion. It was very helpful. The questions were mostly fair.

Anonymous Author
This class provided good definitions of quality control and the peer review process

Anonymous Author
Thought it was a comprehensive course. surprised no test questions on inspections.

Anonymous Author
Great overview with illustrative examples. Appropriate amount of time allotted.

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 4: Government Auditing Standards: Quality Control and Peer Review Course14:30
  Human Resources14:27
  External Peer Review8:24
  Peer Review Ratings15:16
  Peer Review Team & Conclusion7:08
  2018 Yellow Book Part 4: Government Auditing Standards: Quality Control and Peer Review Course 1:17:33
  Slides: 2018 Yellow Book Part 4PDF
  2018 Yellow Book Part 4 Glossary/IndexPDF