Better Returns on Yellow Book & Single Audits - Avoid Misapplied Concepts 26-27
Date: July 24, 2026
Time: 10 a.m. – 5:40 p.m. PT
CPE: 8
Overview
Yellow Book and Single Audit reporting entities have complex and unique financial statement audit, compliance and reporting issues. Deficiencies in these types of audit engagements are common. This course will reduce the likelihood of noncompliance with relevant professional and regulatory auditing and reporting standards.
Product Code
1000005269-145144
Credit Type
CPE: 8
CPE-AA: 8
CPE-GT: 8
CPE-Technical: 8
CPE-YB: 8
Intended Audience
Any compliance auditor who wishes to learn how to be more effective and efficient on engagements
NASBA Field of Study
Auditing (Governmental)
Level of Difficulty
Basic
Prerequisites
None
Advance Preparation
None
Learning Objectives
Describe the differences in the auditor's responsibility between generally accepted auditing standards, generally accepted government auditing standards, and OMB Uniform Guidance
Explain common deficiencies in Yellow Book and Single Audit engagements
Apply best practices for designing and performing tests of internal controls and compliance with major federal programs
Discuss the special reporting requirements of Yellow Book and Single Audit engagements
Major Subjects
Discover the fundamental differences in the auditor's responsibilities between financial statement audits performed in accordance with the SASs and Yellow Book
Understand risk assessment factors above those associated with a financial statement audit only
Learn what must be done beyond the financial statement audit in order to issue required Yellow Book and Single Audit reports on internal controls and compliance
Master designing, performing and documenting effective and efficient tests of compliance requirements
Practice identifying, documenting and communicating the impact of internal control deficiencies and compliance audit findings to the client
This prerecorded broadcast is provided through our partnership with ACPEN. You'll be redirected to a CalCPA/ACPEN portal for this course. The Instructor will be available via the chat feature.