This course covers the additional generally accepted government auditing standards (GAGAS) reporting requirements as it relates to performance audits. The term Performance Audit refers to an independent examination of a program, function, operation, or the management systems and procedures of a governmental or non-profit entity to assess whether the entity is achieving economy, efficiency and effectiveness in the employment of available resources.

This module includes discussion of auditor reporting requirements, whether the auditor is an internal auditor or external auditor.

The course reviews pertinent technical guidance and uses real-world examples and case studies to reinforce key points along the way.

Learning Objectives
  • Recognize the auditor requirements for reporting performance audits.
  • Recognize the purpose of auditor reports on performance audits.
  • Recognize the key contents of performance audit reports.
Last updated/reviewed: March 25, 2024
10 Reviews (47 ratings)

Reviews

3
Anonymous Author
I kept getting tripped up with the wording and found the speaker's pronunciation of 'library' distracting. Also, I was multitasking during this training, despite having a 'do not disturb' sign. Sigh. Overall, courses are very helpful.
5
Anonymous Author
I felt that this training was helpful in enhancing my understanding of GAGAS Reporting Standards. It helped reinforce the critical concepts that apply to the types of engagements performed in my job.
5
Anonymous Author
Auditors should report fraud, noncompliance or abuse directly to outside parties When management fails to satisfy legal or regulatory requirements to report to specified external parties
4
Anonymous Author
Course was a good refresher for auditors. Specifically, with reporting conclusions based on the audit objectives and findings. I will recommend this course to my teammates.
5
Anonymous Author
The material, quiz, instructions, exam and instructor were all easy to follow. Highly recommended to take this course.
4
Anonymous Author
This course provides a good understanding of understanding Performance Audit findings and how to report those findings.
5
Anonymous Author
Brief, but solid overview of performance audits. Enjoyed the various case studies included in this course.
4
Member's Profile
Content easy to digest, please note that this is the 2011 Yellow Book, not the current 2018 Yellow Book.
5
Member's Profile
I liked the topic. It helped me so much in my NPO audits Thank you!
4
Anonymous Author
Good review for me. Course meet objectives and was well presented.
Prerequisites
Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.

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 Yellow Book 6: Government Auditing Standards: Reporting Standards for Performance Audits13:09
  Reporting Findings6:43
  Deficiencies in Internal Control7:53
  Auditors Conclusions8:39
  Reporting Confidential Sensitive Information10:05
  Conclusion00:56
CONTINUOUS PLAY
  Yellow Book 6: Government Auditing Standards: Reporting Standards for Performance Audits47:25
SUPPORTING MATERIALS
  Slides: Yellow Book 6: Government Auditing Standards: Reporting Standards for Performance AuditsPDF
  Yellow Book 6: Government Auditing Standards: Reporting Standards for Performance Audits Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam