August 29, 2017


City of Pelham Pelham Civic Complex

8 Total CPE Credits


Studies on Single Audit and Yellow Book Deficiencies

  • Instructor

    William Wagner

Learning Objectives

Identify issues related to engagement letters. Analyze the requirements of continuing professional education under the Yellow Book CPE rules. Compare key points concerning the GAGAS Independence Framework to related issues. Identify considerations for major program determination. Determine the process of drafting an audit finding. Differentiate auditee and auditor responsibilities related to the Schedule of Expenditures of Federal Awards (SEFA) and potential problem areas in SEFA presentation. Choose the reporting requirements of a single audit.

Major Topics

Engagement letters Management representation letters Yellow Book continuing professional education The GAO and Independence Major program determination Abuse Fraud risk factors Audit sampling Documentation Drafting findings Schedule of Expenditures of Federal Awards (SEFA) Reporting requirements

CPE Credits Available

Total CPE
Accounting & Auditing

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Governmental


Experience in Yellow Book and OMB environment

Advanced Preparation


Intended Audience

Auditors performing single audits and internal financial staff of governmental and not-for-profit entities


AICPA (Boone)

This event has ended.