Description
This CPE course explains Yellow Book independence including the general requirements, requirements for auditors providing nonaudit services and documentation requirements. This course also explains the basic elements of a Uniform Guidance compliance audit, including an overview of requirements, major program determination with examples, an understanding of compliance requirements and related internal control over compliance, sampling and single audit reporting.
Required Knowledge: None
Advanced Preparation: None
Who Should Attend: CPAs in public practice and members in industry
Objective
- Identity the conceptual framework for making independence determinations
- Identify independence threats related to preparing financial statements and accounting records
- Identify specific non-audit services that would and would not impair independence
- Complete proper audit documentation to support adequate consideration of auditor independence
- Identify what a single audit entails
- Identify the basic audit requirements in a Uniform Guidance compliance audit
- Identify key auditee and auditor responsibilities in the compliance audit of federal awards
- Recognize key consideration related to the auditor's responsibilities regarding testing and reporting on compliance under the Uniform Guidance
Credit Types
- Auditing (Governmental): 4
Event Speaker(s)
Event Level:Basic
Event Code:ODX10125
Event Vendor:CPA Crossings, LLC
Fields of Study:Auditing (Governmental)
Other fields:
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (4 hours) | Members | $160.00 |
| On Demand (4 hours) | Non Members | $320.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.