Yellow Book 3: Government Auditing Standards: Standards for Financial Audits

This course covers the additional requirements of generally accepted government auditing standards (GAGAS) as it relates to performing and reporting on a financial audit including financial audit guidance and considerations. We also discuss the incorporation of the American Institute of Certified Public Accountants (AICPA) Auditing Standards into GAGAS, and other requirements that apply to Financial Audits.  Lastly, we discuss the elements of a finding and how to present the different types of findings within financial audits.

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