This course covers the proposed Yellow Book Updates and actual Uniform Guidance updates as it relates to governmental auditors. The newest Yellow Book is due out in 2018 and this training refers to changes made in the Exposure Draft regarding program, function, operation, or the management systems and procedures that auditors should be following upon the release of the final version.

This module also includes a discussion of the 2014 change to the Single Audit guidelines now known as the Uniform Guidance.

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 new auditor requirements in the Yellow Book Exposure Draft.
  • Recognize the purpose of changes made to the Yellow Book.
  • Recognize the key auditor issues in the Uniform Guidance.
Last updated/reviewed: March 25, 2024
4 Reviews (25 ratings)

Reviews

4
Anonymous Author
Presenter covers material in a clear and concise manner and provides an overview of the Uniform Guidance updates.

5
Member's Profile
Mr. Sanders provided an excellent summary of the various OMB circulars condensed into the new updates.

4
Anonymous Author
This class provides a concise understanding of the Yellow Book updates

5
Anonymous Author
Well presented overview of the Yellow Book updates. 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 Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Yellow Book 7: Update and Uniform Guidance Update13:56
  Peer Review Requirements & Performance Audits9:25
  Waste & Chapter 1-6 Changes13:53
  Single Audit Uniform Guidance Update13:04
  Conclusion00:58
CONTINUOUS PLAY
  Yellow Book 7: Update and Uniform Guidance Update 51:16
SUPPORTING MATERIALS
  Slides: Yellow Book 7: Update and Uniform Guidance UpdatePDF
  Yellow Book 7: Update and Uniform Guidance Update Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam