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Generally Accepted Government Auditing Standards: The New Yellow Book

GENERALLY ACCEPTED GOVERNMENT AUDITING STANDARDS: THE NEW YELLOW BOOK

Cost Free
Presentation Length 1.5 hours

Recorded DateOctober 9, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

The 2018 Yellow Book revision represents the first comprehensive overhaul of the Yellow Book standards since 2011! This session explains the new standards, as well as prepares practitioners to implement the new Yellow Book. Learn precisely what the new Yellow Book does and does not require auditors to do. Critical concepts related to applying the new Yellow Book including when the standards are applicable; the types of engagements involved; the relationship between the Yellow Book and other standards; importance of stating compliance with the Yellow Book in reporting; the new Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality control; and peer review.

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Alexander Buchholz is a partner at PKF O’Connor Davies with over 15 years of public accounting experience, including a “Big Four” accounting firm.

Alex is responsible for developing the audit approach, supervision of staff, and establishing and maintaining the engagement budget. Additionally, he is responsible for coordinating staff and management so that the audit is performed on a timely basis with as little intrusion to client operations as possible.

His expertise is in single audits, internal control/compliance audits, and specialized cost reporting. His industry experience is in healthcare and non-profit entities, including skilled nursing facilities, social service agencies, charter schools, diagnostic and treatment centers, home care service entities, adult homes and other long-term care facilities, special needs entities, and cemeteries.

Alex is also an adjunct professor at Brooklyn College of the City University of New York. He teaches undergraduate and graduate courses in accounting and auditing. He also teaches at the School of Professional Studies of the City University of New York for the Online Business Management Department, Mercy College, and Lehman College.

He conducts internal training seminars for the firm and frequently speaks at outside organizations and associations. He is a former member of the firm’s continuing professional education (CPE) committee, emphasizing single audit training. Alex has written many articles on accounting and auditing topics for a variety of professional publications.

About Our Presenter

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PKF O'Connor Davies is a new breed of accounting and advisory firm that holds itself to a higher standard – going beyond passive value calculation to active value creation.

With unmatched client focus we unlock real value hidden at key connection points of every engagement – from the industry and resource levels, to the organization and regulatory levels on the regional, national and international levels.

Through these connections, our team of more than 600 top-notch professionals continually drives efficiencies, uncovers opportunities and manages risk – delivering value where others can’t.