Government Auditing Standards (or Yellow Book) has a unique perspective on ethics and transparency due to accountability owed to taxpayers, oversight bodies, and others. This course discusses the foundational principles in the current Yellow Book relevant to independence.

NOTE: After completing the course, please fill the required "2025 Virginia-Approved Evaluation Form" provided in supporting material and submit by sending to (support@illumeo.com).

Reference:
https://boa.virginia.gov/individual-cpas/cpe/vboa-approved-ethics-course/ethics-course-evaluation/

Highlights:

  • Overview of when Yellow Book applies
  • Focus on ethical principles within Yellow Book
  • Listing of Yellow Book independence rules, including when providing both audit and nonaudit services
  • Ensuring adequate documentation of significant ethical considerations and conclusions

Designed for: Anyone interested in the Yellow Book compliance requirements.

Learning Objectives
  • Recognize the foundational ethical principles contained in the Yellow Book.
  • Identify and list the independence requirements, including when performing both audit and nonaudit services.
Last updated/reviewed: March 04, 2025
Prerequisites
Course Complexity: Advanced
No advanced preparation or prerequisites are required for this course.
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
Course Syllabus
INTRODUCTION AND OVERVIEW
  Learning Objectives and VBOA Ethics Segment16:52
  Introduction to Yellow Book10:26
  Focus on Ethics and Independence16:18
  Clarifications in 2018 YB Related to Independence5:18
  Focus on Independence16:12
  Focus on Non-Audit Services9:42
  Focus on Expressly Prohibited Services4:20
  Other Matters Related to Independence Impairment8:38
  Other Matters15:54
CONTINUOUS PLAY
  2025 Virginia-Approved Yellow Book Ethics1:43:40
SUPPORTING MATERIAL
  Slides: 2025 Virginia-Approved Yellow Book EthicsPDF
  2025 Virginia-Approved Yellow Book Ethics GlossaryPDF
  VBOA 2025 Ethics Segment ScriptPDF
  REQUIRED: 2025 Virginia-Approved Evaluation FormPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam