Event Description

Many for-profit entities receive government assistance or are required to have financial statement or compliance audits due to law or regulation. This course will discuss the requirements under Generally Accepted Auditing Standards relevant to for-profit entity audits.

Objectives

Describe when Generally Accepted Auditing Standards may apply to for-profit entities Explain what additional responsibilities exist with a Yellow Book financial statement auditList typical for-profit entities that may be subject to Yellow Book or government compliance audit requirements