This course provides a framework for performing high-quality audit work according to Generally Accepted Government Auditing Standards (GAGAS) with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. PLEASE NOTE: This course is based on the 2018 revision of the "Yellow Book" which is effective for financial audits, attestation engagements, and reviews of financial statements for periods ending on or after 6/30/2020, and for performance audits beginning on or after 7/1/2019. It is updated for the 2021 Technical Updates issued in April 2021. Not accepted for Enrolled Agents. All course material provided. No prerequisites. Course level: Basic.
PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.