Entities subject to Yellow Book and compliance audits have a high degree of public accountability. This course will focus on the critical fraud risk management and internal control concepts necessary to achieve that objective.
Course ID: GFRAUD
Fraud and Internal Controls Update for Yellow Book Compliance Auditors
Learning Objectives
- Identify Yellow Book general ethical principles
- Recognize current fraud trends, including those relevant to government entities
- List emerging cybersecurity threats
- Distinguish the importance of professional skepticism to detect fraud
- Recall important components of internal controls over compliance
- Distinguish internal control responsibilities for Yellow Book and compliance audits
- Interpret root causes of findings for stronger corrective action
- List required elements of a Yellow Book and Single Audit findings
Major Topics
- Identify Yellow Book general ethical principles
- Recognize current fraud trends, including those relevant to government entities
- List emerging cybersecurity threats
- Distinguish the importance of professional skepticism to detect fraud
- Recall important components of internal controls over compliance
- Distinguish internal control responsibilities for Yellow Book and compliance audits
- Interpret root causes of findings for stronger corrective action
- List required elements of a Yellow Book and Single Audit findings
Advanced Preparations
None
Who Should Attend
Anyone interested in managing fraud and internal control risk in a government environment