Introductory Yellow Book Certification

This certificate includes 12 hours of CPE for those who are crossing over into nonprofit and governmental accounting and auditing.

There are over 10,000 new Single Audits according to the AICPA due to COVID-19 funding. This certificate program is designed to provide an introduction to nonprofit and governmental accounting and auditing. We’ll start with an introduction to Yellow Book and Uniform Guidance. We’ll identify what are the incremental requirements from GAAS with a focus on what someone new to the area would need to know when performing Yellow Book and Single Audits for the first time. It also includes an introduction to nonprofit and governmental accounting. We'll introduce unique areas like endowments, contribution accounting and about agency transactions for nonprofits. We'll address what makes governmental accounting unique, why it's different and when it should be different. Topics include fund financial statements, governmentwide financials and MD&A.

In addition to these topics, we’ll also provide a separate course on Yellow Book independence for someone who hasn’t had to comply with the requirements to better understand what the requirements are and how to be compliant with them. We’ll also have a deep dive into COSO and Green Book, which are identified as best practices by the Uniform Guidance. The final deep dive looks at internal controls over compliance with is a common audit deficiency. In total, this certificate includes 12 hours of CPE for those who are crossing over into nonprofit and governmental accounting and auditing.

Instructor for this course

Purchase Certification

$169.00
Price for Subscribers: $169.00
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Purchase Certification

$169.00
Price for Subscribers: $169.00
sign-in if you have a subscription

Completion Award

Introductory Yellow Book Certification
Introductory Yellow Book Certification

Brief

Certification overview video
Introductory Yellow Book Certification Flyer
 
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Duration: 12 Hours

Requirements: There are no prerequisites required for this certificate

Method: Online, anytime, any device

Testing: Unlimited online attempts of exams at end of each course. Must pass each course with a score of 70% or better to receive certification. Tests are online and not proctored.

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