FMN Auditing

FMN Plus-2023/Oct, Seg 3 - Yellow Book: What It Is and the 2023 Exposure Draft

The Yellow Book is guidance issued by the GAO that is used by auditors as a guideline of requirements for audit reports, professional qualifications and audit organization management. On January 30, 2023, the GAO issued an Exposure Draft with proposed updates to the Yellow Book. Philip Marciano, a Managing Director with CBIZ and Shareholder with Mayer Hoffman McCann P.C., provides an overview of the changes contained within that document.

Learning Objectives:

  • Recognize what the Yellow Book is
  • Describe the key revisions proposed in the 2023 Yellow Book Exposure Draft  
  • Recognize the questions to consider when performing an engagement quality review  
  • Describe the threats to independence brought on by performing nonaudit services"


Prerequisites/Advanced Preparation:

Work experience in auditing, or an introductory course in auditing.

Speaker / Author:

Phil is a Managing Director and a member of the Nonprofit, Government and Healthcare Group located in our Woodbury, New York office, who has been serving clients since 2012. A CPA, Certified Government Financial Manager and a Chartered Global Management Accountant, he is recognized as a national resource for government and nonprofit accounting. Phil regularly leads training sessions for professional staff and has given seminars on behalf of the New York State Government Finance Officers Association, New York State Association of School Business Officials, New Jersey Society of Certified Professional Accountants and the Institute of Internal Auditors (Long Island Chapter). He is a discussion leader and instructor for the AICPA and Surgent Professional Education on subjects including governmental and nonprofit accounting and auditing.

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1526-FM

Release Date : 10/10/2023
Expire Date : 05/11/2025
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing

Theme : Auditing Standards

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