Webcast: The Yellow Book Interpreted

The federal government created the Yellow Book to guide auditors of federal programs. However, the standards are so comprehensive that many organizations not subject to federal regulations have adopted Yellow Book standards for use in their own audit shops. Yellow Book standards encompass both performance and financial audits.

Additionally, new standards on continuing education, independence and quality control review are causing quite a stir in the auditing community. In this course, we will concentrate on the 2011 revision—and catch up on all GAO-initiated changes.
OMB Circular A-133 requires Government Auditing Standards.