CPE Course Applying the Yellow Book to a Financial Statement Audit

June 28, 2021

1:15pm — 4:45pm


Member Price $139.50
Non-member Price $189.50

Curriculum Auditing

Field of Interest Auditing, Government (General)

Level Beginning

Designed For

Auditors performing Yellow Book engagements

4.00 credits

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  • Thoroughly understand the requirements of the Yellow Book and how they relate to the AICPA and single audit requirements
  • Prepare to apply the Yellow Book in an effective and efficient manner
  • Save time by understanding what the Yellow Book does and does not require auditors to do



Knowing just a little about the Yellow Book can hurt you! You need to have a thorough understanding of the standards. This course not only explains the Yellow Book financial auditing standards, but it also prepares you to excel in applying those standards. Learn precisely what the Yellow Book does and does not require auditors to do. The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced knowledge of the Yellow Book.

  • Critical concepts related to applying the Yellow Book including when the standards are applicable; the types of engagements involved; and the relationship between the Yellow Book and other standards
  • The Yellow Book standards related to ethics; independence; professional judgment; competence and CPE; quality control; and peer review
  • The Yellow Book requirements related to performing and reporting on financial audits and how those requirements affect the audit in areas like internal control


Diane E. Edelstein

Diane E. Edelstein is a partner at Maher Duessel in Pittsburgh, PA, and has over 25 years of experience in public accounting. Her entire auditing career has been of non-profits, governments, and Single Audit. Diane was a member of the AICPA NPO Planning Conference Committee from 2012 to 2017 and speaks each year on Single Audit topics. She is also a past member of the AICPA Governmental Audit Quality Center Executive Committee. She has conducted peer reviews of Single Audits and is a prior member of the PICPA Professional Ethics Committee. Diane received a B.A. in Accounting (with distinction) from George Mason University in Fairfax, VA.close


Basic audit knowledge


Surgent McCoy CPE, LLC

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