2024 Yellow Book Ethics

Overview

SAS 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, was issued in October 2021. The audit standard amends AU-C 315, including many changes to address common audit deficiencies. This course will provide an overview of SAS 145 and its changes to AU-C 315. Attendees will have an opportunity to evaluate the impact on audit methodology and documentation.

Highlights

• GAGAS
• Yellow Book
• Independence

Prerequisites

Prior experience with GAGAS

Designed For

Accounting professionals

Objectives

• Identify changes to independence rules in the 2018 Yellow Book 
• Recognize the ethical principles in GAGAS 

Preparation

None