Instructor for this course
more

This course covers the primary reasons why a generally accepted government auditing standards (GAGAS or the Yellow Book) audit is performed, and discusses GAGAS ethical principles.

 

Furthermore, the course describes the types of engagements that may be performed under GAGAS and its relationship to other professional standards.

 

Via the course you will learn why audit, review, and performance engagements are performed under generally accepted government auditing standards (GAGAS or the Yellow Book) and why these audit standards are considered important. You will be shown the most important ethical principles presented in chapter 1 of the Yellow Book including Independence, Objectivity, The Public Interest, and Proper Use of Government Information. And you will be shown 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

 

The course reviews pertinent technical guidance and uses real-world examples and case studies to reinforce key points along the way.

Learning Objectives

  • Recognize why audit, review, and performance engagements are performed under generally accepted government auditing standards (GAGAS or the Yellow Book) and why these audit standards are considered important
  • Identify the most important ethical principles presented in chapter 1 of the Yellow Book including Independence, Objectivity, The Public Interest, and Proper Use of Government Information
  • 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: May 29, 2018

Prerequisites

Course Complexity: Foundational

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 .
Course Syllabus
INTRODUCTION AND OVERVIEW
  5:40Introduction to Yellow Book 1: Government Auditing Standards: Foundation Course Part 1
  9:22Accountability, GAGAS, DOD Ethical Failure, & Yellow Book Terms and Principles
  3:53Public Interest, Integrity, & Objectivity
  5:11Proper Resource of Govenment Info, DOD Ethical Failure, & High Expectations
  12:23Standards For Use And Application
  14:09Standards For Use And Application Continued..
  00:55Conclusion
CONTINUOUS PLAY
  51:32Yellow Book 1: Government Auditing Standards: Foundation Course Part 1
Supporting Materials
  PDFSlides: Yellow Book 1: Government Auditing Standards: Foundation Course Part 1
  PDFYellow Book 1: Government Auditing Standards: Foundation Course Part 1 Glossary/Index
  PDFEncyclopedia of Ethical Failure
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM