2012 yellow book cpe requirements 2016

You need 80 hours of classes enhancing your professional proficiency and 24 hour related to the specialized areas of your clients. Guidance on gagas requirements for continuing professional education gao05568g, april 2005 and government auditing standards. It outlines the requirements for audit reports, professional qualifications for auditors, and. You need 80 hours of classes enhancing your professional proficiency and 24 hour related to. In essence, a law, regulation, or policy has to call the yellow book into play for it to be applicable. Auditors performing work under gagas, including planning. It outlines the requirements for audit reports, professional qualifications for auditors, and audit organization quality control. The gaos yellow book, government auditing standards, lays down certain cpe requirements. This document provides guidance to auditors and audit organizations in implementing the continuing professional education requirements prescribed by the 2003 revision of government auditing standards. Acceptance of cpe delivery types and credit increments based on the 2016 nasba standards for cpe, including nanolearning 10minute learning. Yellow book cpe requirements a summary cpa hall talk. Other compliance audit information relating to forprofits aicpa. This document provides guidance to auditors and audit organizations in implementing the continuing professional education cpe requirements prescribed by the government auditing standards yellow book issued by the comptroller general of the united states of the government accountability office gao.

You can audit a government, but not have to use the government auditing standards. There is no formal preapproval process for the mncpa or any other sponsor to qualify a course for yellow book credit. The statement on standards for continuing professional education cpe programs standards is published jointly by the american institute of certified public accountants aicpa and the national. One yellow book hour 50 minutes equivalent to a cpe hour. The michigan association of certified public accountants micpa is a statewide organization dedicated to strengthening the cpa profession and helping members to be successful. Yellow book cpe requirements a recap of the special cpe rules. For example, if you earned your cpa license on june 1, 2012, your initial registration. Some require a yellow book financial statement audit, along with a compliance audit that is performed using requirements defined in a federal. The international internal audit standards board iiasb released the revision to the standards following consideration and approval by the international. As of 2011, the gagas continuing professional education requirements have not changed since this document was issued. This revision of the standards has gone through an extensive deliberative. Government auditing standards yellow book practice aids. Statement on standards for continuing professional. Risks of notforprofit and government audits journal of accountancy.

The following requirements are effective for cpe requirements commencing january 1, 2006. Commonly asked questions regarding cpe requirements in new york state. The yellow book is used by auditors of government entities, entities that receive government awards, and other audit organizations performing yellow book audits. The yellow book used to be a lot clearer about when it was applicable. Yellow book continuing education requirements are governed by the u. Cpe requirements the new york state society of cpas nysscpa. The yellow book is used by auditors of government entities, entities that receive government.