Yellow Book Standards for Attestation & Review Engagements (3 Hrs)

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Course Description

Yellow Book Standards: Attestation & Review Engagements

The Generally Accepted Governmental Auditing Standards, also known as the Yellow Book, provides a comprehensive framework for conducting governmental audits with a focus on high quality, integrity, competence, independence, and objectivity. The Yellow Book is used by auditors of government organizations, entities that receive government awards, and any other audit organization performing Yellow Book audits. The Yellow Book outlines all requirements for governmental audit reports, professional qualifications for auditors, and audit organization quality control.

This course will describe when the Yellow Book standards must be applied. This course will identify the requirements for auditor communication. Finally, this course will identify the three levels of service as identified by the AICPA.

This course is included in the MEGA CPE Subscription.

Course information

Price: $47

Course No. C013
Format: Online pdf (131 pages).
Instructional Delivery Method: QAS Self-Study
Prerequisites: Basic understanding of the auditing process
Advance Preparation:None
Level: Intermediate
CPE Credit: 3 Hrs.
Field of Study: Auditing (Governmental)
Course expiration:  You have one year from date of purchase to complete the course.
Course Revision Date: March 2022


Upon completion of this course, you will be able to:

Overview: Introduction to Yellow Book Standards

  • Recognize when the Yellow Book standards must be applied.
  • Identifythe new organization and format of the 2018 Yellow Book.
  • Recognize the five areas that changed in the 2018 Yellow Book from the
    2011 Yellow Book.

Chapter 1: Standards for Financial Audits

  • Identify the requirements for auditor communication.
  • Recognize the items that an auditor should include in report on internal control
    and compliance.
  • Identify what an auditor must do if certain information is prohibited from
    public disclosure or is excluded from a report because of its confidential or
    sensitive nature.
  • Recognize what an auditor must do when Obtaining and Reporting the Views
    of Responsible Officials.

Chapter 2: Standards for Attestation Engagements and Reviews of Financial Statements

  • Identify the three levels of service as defined by the AICPA.
  • Recognize what an auditor must do related to issues of noncompliance with
    provisions of laws, regulations, contracts, and grant agreements.
  • Identify what should be done by the auditor when the audit complies with all
    of the applicable requirements for a review of financial statements conducted
    in accordance with GAGAS.


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