Many for-profit entities receive government assistance or are required to have financial statement or compliance audits due to law or regulation. This course will discuss the requirements under Generally Accepted Auditing Standards relevant to for-profit entity audits.
Product Code
1000005109-141223
Credit Type
CPE: 2
CPE-AA: 2
CPE-GT: 2
CPE-Technical: 2
Intended Audience
CPAs and other financial professionals preparing the type of work described.
NASBA Field of Study
Auditing
Level of Difficulty
Intermediate
Prerequisites
none
Advance Preparation
None
Learning Objectives
Identify common deficiencies in Yellow Book Engagements
Recall the independence requirements in Yellow Book
Identify common single audit deficiencies
Recall common deficiencies found related to COVID-19 funding