Yellow Book Ethics is brought to you by Wolters Kluwer
The 2018 Yellow Book addresses key concepts of ethics including the public interest, integrity, objectivity, and professional behavior. This course will review the key concepts and their application to auditors in a governmental environment. We’ll also review changes to the independence standards in the 2018 Revision.
Publication Date: March 2022
Designed For
Ideal for CPAs in public practice.
Topics Covered
- Ethical principles
- Independence
- Conceptual Framework
- Audit Organizations Inside Government Entities
- Internal Auditors
- Nonaudit Services
- Preparing Accounting Records and Financial
- Key Services
- Documentation
- Professional Judgment
Learning Objectives
- Identify changes to independence rules in the 2018 Yellow Book
- Recognize the ethical principles in GAGAS
- Describe the threat that influences or pressures from sources external to the audit organization will affect an auditor’s ability to make objective judgments
- Identify correct statements regarding structurally located organizations
- Recognize safeguards for non-audit services
- Identify what is not considered to be routine when analyzing nonaudit services
- Recognize prohibited management responsibilities
- Identify which benchmark is used to determine if a person is acting with independence
- Describe routine activities
