Yellowbook and Indirect Costs

Celina Cereceres offers an update and refresher course on Yellowbook and the recent changes that are important for any practitioner.  There are changes in 2018 Yellow Book, but early implementation is not permitted.  If you work on projects involving with GAAS, GAGAS, and Uniform Guidance, this is the course for you.

LEARNING OBJECTIVES: 

- Layers involved in governmental accounting and when certain standards apply
- Comparing GAAS and GAGAS side by side
- Reporting under GAAS
- The 2018 Yellow Book updates and when they become effective
- New independence requirements
- New Yellow Book CPE requirements
- New auditor selection requirements
- Handling indirect costs

PROGRAM LEVEL: Update
PREREQISITES: No prerequisites exist, but it is recommended that the person taking this course be familiar with Yellow Book engagements.
PREPARATION: No preparation is needed, but it is recommended that the person taking this course be familiar with Yellow Book engagements.