This course covers auditor responsibilities related to waste and abuse under the lenses of the 2018 Yellow Book released by the Government Accountability Office (GAO), the Office of Management and Budget (OMB) Uniform Guidance, and the American Institute of Certified Public Accountants (AICPA) Government Auditing Standards. The course discusses the current environment and expectations of the general public, the media, and legislators regarding the responsibility regarding waste and abuse for those who audit government or not-for-profit entities.  Also included in this course are multiple case discussions and situational analyses to help the auditor understand the difference between fraud, waste, and abuse characteristics.

Learning Objectives
  • Recognize auditor responsibilities related to waste and abuse in the financial statements per the Government Accountability Office (GAO) 2018 Yellow Book.
  • Identify the reasons some media and legislators believe that large-scale, effective solutions to government waste reside with lawmakers.
  • Identify the key differences between fraud, abuse, and waste.
Last updated/reviewed: March 7, 2024
13 Reviews (55 ratings)

Reviews

5
Anonymous Author
Great course!! Information was presented in a manner that was easy to follow. Instructor provided great examples and case studies.
4
Anonymous Author
Good examples included, though some of the discussion about the cases were lengthy and didn't add much after a certain point.
5
Anonymous Author
excellent case examples, detailed enough to have real impact, high level enough to be applicable across all agencies.
5
Member's Profile
Great video content regarding waste and abuse . Recommend all I instructors use video content in the future.
4
Anonymous Author
Provides helpful examples of waste and abuse which is especially helpful for inexperienced auditors
5
Anonymous Author
Government and Not-For-Profit Training - Waste and Abuse was a great class by Adam Sanders. Thanks.
5
Anonymous Author
Adam makes very good use of cases to illustrate his points. This is a good introductory video
4
Member's Profile
Included videos to consider how abuse in government impacts other spending priorities.
5
Anonymous Author
I liked the videos. Instructor is easy to understand and hit on the key concepts.
5
Anonymous Author
Great information for new governmental employees. Great use of case studies.
5
Anonymous Author
Fantastic course. Clear to the point and great information was provided.
4
Anonymous Author
good instruction and well structured. Good review course.
5
Anonymous Author
Good course. Love the videos and other visual aids!
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Prerequisites
Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course, but completion of the other courses in this series is recommended.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Government and Not-For-Profit Training – Waste and Abuse5:24
  What The Yellow Book (2018) Says7:44
  What The ACIPA Says10:11
  What Is The Auditor To Do10:37
  Travel and Entertainment; What The Auditor Doesn't Have To Do11:46
  Summary1:37
CONTINUOUS PLAY
  Government and Not-For-Profit Training – Waste and Abuse Full Video47:19
SUPPORTING MATERIALS
  Slides: Government and Not-For-Profit Training – Waste and AbusePDF
  Government and Not-For-Profit Training – Waste and Abuse Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam