7Track B

Principals' Meeting and Yellow Book Update/Presenting Audits (Reserved for Principals and Designees)

• 09/10/2025
• 08:00 a.m. - 05:00 p.m.
• 8 hours

Course Description

Receive an in-depth review and update on the 2018 and 2024 revision of Government Auditing Standards, plus a brief history on the development of the standards. Discuss the structure of the 2018 and 2024 revisions of the standards and the major changes, focusing on the sections applicable to performance audits. Discuss the purpose and requirements of individual standards, with emphasis on the recent changes. The session will conclude with options for presenting audit results under the newest revisions of the Yellow Book.

What You Will Learn

• Review the purpose and applicability of the Government Auditing Standards.
• Review the ethical principles that influence application of the Government Auditing Standards.
• Review the types of audits and engagements, focusing on performance audits.
• Review the general standards including updates.
• Review the fieldwork standards for performance audits, including updates.
• Review the reporting standards for performance audits, including updates.

Who Should Attend?

This session is restricted to APIPA Principals and their designees and will be of interest to audit directors responsible for overseeing audit offices and standards.

Instructors