This course covers guidance for conducting performance audits in accordance with generally accepted government auditing standards (GAGAS). In this section you will learn about how to plan the audit; conduct the engagement; supervise staff; obtain sufficient, appropriate evidence; and prepare appropriate audit documentation. The concepts of evidence, significance, and audit risk form a framework for applying these requirements and are included throughout the discussion of performance audits. 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 requirements for conducting performance audits in accordance with generally accepted government auditing standards (GAGAS)
  • Identify the auditor requirements regarding sufficient, appropriate evidence in performance audits
  • Identify the responsibilities of an auditor for assessing internal controls within the performance audit environment
Last updated/reviewed: August 28, 2023
18 Reviews (63 ratings)

Reviews

4
Member's Profile
I found this training on the subject very good and effective training material. The instructor was really easy to follow. The training material including the test and quiz were also not difficult to follow along. I highly recommend this course to take to meeting CPE requirements.
4
Member's Profile
I think it would have been helpful that midway through, we could be tested/quizzed by one or two questions per section. The stories - examples, Federal Fumbles were engaging.
4
Anonymous Author
This course provides thorough coverage of the Yellow Book's Fieldwork Standards for Performance Audits. It may be helpful to include additional terms in the glossary/index.
4
Member's Profile
Adam has a clear and friendly communication style that help hold the participants attention in what can be a mundane topic. I liked his use of cases.
5
Anonymous Author
This was a good refresher course on yellow book audits. Certain questions surprised me but I think that this shows that it enhanced my knowledge.
4
Anonymous Author
This is a good course. I was able to understand and apply this training to my everyday work. I will pass this training on to my teammates.
4
Member's Profile
There was a lot of information covered, yet the test doesn't cover all the content discussed in the course.
5
Anonymous Author
I liked how the course was broken up into different sections. I felt it flowed. Overall good course.
5
Anonymous Author
2018 Yellow Book Part 7: Government Auditing Standards: Fieldwork Standards for Performance Audits
4
Anonymous Author
Presenter is easy to understand and provides examples and cases to help support the information.
5
Anonymous Author
This course provided a very thorough overview of GAS fieldwork standards, and was easy to follow.
4
Anonymous Author
This class contains a lot of useful information that every Government auditor should understand
5
Anonymous Author
Great job during the entire presentation. It was very easy to understand everything.
5
Anonymous Author
The thing I appreciated most is that the repetition presented facilitates learning.
4
Member's Profile
Great overview with illustrative examples. Appropriate amount of time allotted.
5
Member's Profile
Well-paced course covering a lot of material. nice organized and presented.
5
Anonymous Author
This was helpful in understanding supervisory roles in auditing.
5
Member's Profile
Great class! Concepts are essential for performance audits.
show all reviews
Prerequisites
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 Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to 2018 Yellow Book Part 7: Government Auditing Standards: Fieldwork Standards for Performance Audits10:54
  Audit Objectives, Auditor Communication, Form of Communication, Legal Proceedings, Previous Engagements, Assigning...11:06
  Understanding User Needs, Understanding The Program, Understanding Internal Control, Internal Control...10:22
  Assessing Internal Control, Assessments of Internal Control, Identifying Deficiencies, Deficiencies and Findings7:44
  Information Systems Controls, Use of Information Systems and Federal Fumbles7:03
  Evaluation; Provisions of Laws, Regulations, Contracts and Grant Agreements; Significance of ...12:46
  Evidence, Sufficiency, Appropriateness and Appropriateness Examples10:20
  Conclusion16:13
CONTINUOUS PLAY
  2018 Yellow Book Part 7: Government Auditing Standards: Fieldwork Standards for Performance Audits Full Video1:26:28
SUPPORTING MATERIALS
  Slides: 2018 Yellow Book Part 7PDF
  2018 Yellow Book Part 7 Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam