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.

Learning Objectives
  • Recognize three important concepts related to performance audits.
  • Identify the Yellow Book fieldwork requirements for performance audits.
  • Recognize the concept of sufficient, appropriate evidence and its importance in an audit.
Last updated/reviewed: August 19, 2023
16 Reviews (55 ratings)

Reviews

4
Anonymous Author
This was a good course. I work in policy and lately we have been emphasizing to auditors about the quality of the relevance, reliability, and validity of evidence used for addressing audit objectives and supporting findings and conclusions.
4
Member's Profile
Took this as a refresher. Just finished a finding development training and this lined up perfectly with what I learned during that training. Great extension to the knowledge base I already have!
5
Anonymous Author
Excellent course, I liked the speaker very much. Any internal auditor would benefit from this course as a review but also especially useful for a new auditor.
5
Anonymous Author
This was a helpful refresher of Yellow Book Audits. It helped to reinforce the critical concepts of performance auditing and will help me in my job.
4
Anonymous Author
This course provides a good understanding of what the Government Auditing Standards are for performing Performance audits.
5
Anonymous Author
Comprehensive course. Great for beginners and for those looking for a refresher. Supporting material very helpful.
5
Anonymous Author
What I liked about this course is that the instructor was very effective and the learning objectives were met.
5
Anonymous Author
Yellow Book 5: Government Auditing Standards: Standards for Performance Audits is an excellent course.
5
Anonymous Author
I enjoyed the material (PDF), instructor lecture, quiz was helpful and testing was very reasonable.
3
Anonymous Author
Speaker sounded unsure of himself, seemed like the recording shouldve been done on another take.
4
Member's Profile
The course is filled with lots of valuable, key information! Loaded with lots of nuggets!
3
Anonymous Author
Would have liked more examples. Slides content and narrative was exactly the same.
4
Anonymous Author
The instructor was concise and thorough and covered all areas in a clear manner.
4
Member's Profile
It sounds as if he's reading from a teleprompter, monotone.
5
Anonymous Author
Enjoyed this refresher on performance audit requirements.
5
Anonymous Author
Thank you for this discussion. very helpful. Thank you.
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Prerequisites
Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed 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 Yellow Book 5: Government Auditing Standards: Standards for Performance Audits5:15
  Assurance, Audit Risk, Planning & Needs13:10
  Internal and Information Controls13:08
  Provisions of Laws, Regulations, Contracts, and Grant Agreements12:01
  Provisions of Laws, Regulations, Contracts, and Grant Agreements Continued..14:53
  Overall Assessment of Evidence8:15
  Audit Documentation and Conclusion4:40
CONTINUOUS PLAY
  Yellow Book 5: Government Auditing Standards: Standards for Performance Audits1:11:23
Supporting Materials
  Slides: Yellow Book 5: Government Auditing Standards: Standards for Performance AuditsPDF
  Yellow Book 5: Government Auditing Standards: Standards for Performance Audits Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam