2024 Yellow Book Update

Overview

More and more entities need Yellow Book engagements, including a growing number of for-profit entities. In this course, we will review the unique independence requirements in GAGAS. We'll also review the recent changes to quality management in Yellow Book. We'll close with a reminder of common deficiencies found in Yellow Book engagements.

Highlights

• Quality Management
• Risk Assessment
• SQMS
• Independence

Prerequisites

Prior experience with GAGAS

Designed For

Accounting professionals

Objectives

• Describe the changes to Chapter 5 of Yellow Book
• Recognize common Yellow Book deficiencies
• Recall the independence requirements in Yellow Book

Preparation

None