Description

This course covers auditor responsibilities related to waste and abuse under the lenses of the 2018 Yellow Book released by the Government Accountability Office (GAO), the Office of Management and Budget (OMB) Uniform Guidance, and the American Institute of Certified Public Accountants (AICPA) Government Auditing Standards. The course discusses the current environment and expectations of the general public, the media, and legislators regarding the responsibility regarding waste and abuse for those who audit government or not-for-profit entities.  Also included in this course are multiple case discussions and situational analyses to help the auditor understand the difference between fraud, waste, and abuse characteristics.