Yellow Book 5: Government Auditing Standards: Standards for Performance Audits

This course covers the additional requirements of generally accepted government auditing standards (GAGAS) as it relates to performance audits. The term “Performance Audit” refers to an independent examination of a program, function, operation, or the management systems and procedures of a governmental or non-profit entity to assess whether the entity is achieving economy, efficiency and effectiveness in the employment of available resources.

This module includes discussion of audit planning, staff supervision, obtaining sufficient, appropriate evidence, and audit documentation.

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