Available dates

Dec 2—6, 2019
5 days
Washington, District of Columbia, United States
USD 1189
USD 237 per day
Jan 27—31, 2020
5 days
Washington, District of Columbia, United States
USD 1189
USD 237 per day
Mar 23—27, 2020
5 days
Washington, District of Columbia, United States
USD 1189
USD 237 per day
+6 more options


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About the course

Having an effective and well-trained audit staff promotes the successful delivery of audits, which in turn promotes the integrity and accountability of government to the public. You will gain a foundational knowledge of Government auditing essential for any new auditor.

Note: This course has been updated in accordance with GAO’s 2018 Yellow Book update which is effective for financial audits, attestation engagements, and reviews of financial statements for periods ending on or after June 30, 2020, and for performance audits beginning on or after July 1, 2019.

Learning Objectives

  • Describe the major types of audits and the phases for each audit type
  • Explain government auditor roles and their responsibilities
  • Summarize the unique ethical environment which impacts government auditor’s work
  • Apply the most current Generally Accepted Government Auditing Standards (GAGAS) and the Office of Management and Budget (OMB) circulars
  • Identify and apply the GAGAS standards of evidence
  • Discuss the links between the audit process and GAGAS
  • Apply commonly accepted risk management and internal control concepts when performing audits
  • Apply skills and methodologies for auditing, including various analytical tools
  • Apply data gathering and analytical techniques for compiling sufficient evidence
  • Develop findings, including development of condition, cause, criteria, effect, and recommendations
  • Develop action-oriented recommendations
  • Prepare and present audit briefings
  • Discuss how to maintain a good auditor/auditee relationship

Course Topics

Auditing: First Look

  • Introductory Thoughts
  • Auditing in the Federal Government Environment

Auditors, Auditing, and the Government Environment

  • The Federal Budget
  • A Brief History of the Federal Budget Process
  • The Federal Budget Process: Key Executive Branch Players
  • The President’s Budget and the Federal Agency
  • Congressional Action on the President’s Budget
  • Congressional Budget Resolution Process
  • Appropriations
  • Appropriation Warrant and Apportionment
  • Doing the Work
  • Lifecycle of an Appropriation
  • Other Funding Sources
  • Federal Laws Affecting Agency Accountability and Auditing
  • The Concept of Transparency
  • Ethical Principles in Government Auditing
  • How Legislatures and Oversight Bodies Use Audit Results

Types of Audits, Auditing Standards, and the Phases of Audits

  • Types of Audits
  • Exercise: Types of Audits
  • Audit Standards
  • New Standards Structure
  • Exercise: Government Audit Standards
  • Standards for Financial Audits (GAGAS Chapter 6)
  • Exercise: Reviewing a Financial Statement Audit Report
  • Standards for Attestation Engagements and Reviews of Financial Statements (GAGAS Chapter 7)
  • Exercise: Attestation Engagement Report
  • Standards for Performance Audits (GAGAS Chapters 8 & 9)
  • Exercise: Performance Audit Report
  • Major Phases of Audits
  • Exercise: Audit Phases
  • Exercise: Yellow Book Contents

Review of Internal Control

  • Accountability
  • Exercise: Defining Internal Controls
  • Internal Control—GAO’s and OMB’s Definitions
  • Management's Responsibility for Enterprise Risk Management and Internal Control (OMB Circular A-123)
  • Auditor’s View and Consideration of Internal Control
  • Internal Control—Integrated Framework
  • The GAO Standards
  • The Five GAO Standards for Internal Control
  • Exercise: Matching Problem Areas with Internal Control Components
  • Exercise: Internal Control
  • Exercise: Internal Control Case Studies

Data Gathering, Analysis, and Evidence

  • Data Collection Methods
  • Data Analysis Methods
  • Evidence
  • Standards for Evidence
  • Types of Evidence
  • Qualities of Evidence
  • Potential Fraud
  • The Auditor’s Audit Documentation
  • Exercise: Working Papers
  • Exercise: Case Study I

Synthesizing and Presenting Results

  • The Audit Finding
  • Exercise: Financial Statement Audit Report
  • Attestation Engagement Reports
  • Performance Audit Reports
  • Conclusions and Recommendations
  • Briefing the Audit Report


  • Summary

Who should attend

This course is designed for new auditors who want an intensive introduction to government auditing and those looking to build a strong foundation of knowledge of government auditing.

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