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Yellow Book Report Updates

February 28, 2022

by WSCPA

A&A TODAY: PRESENTED BY THE WSCPA AND GALASSO LEARNING SOLUTIONS

While much of the focus of the implementation of SAS 134-140 has been on the financial statement report and the Single Audit report, it is important to note that the when the AICPA issued updated examples in their A&A guide, it included changes to the Yellow Book report as well. We'll review some of the biggest changes to make sure these minor edits are included when issuing GAGAS reports.

Have you updated your templates for the new reports?

To learn more about important accounting and auditing developments, join us for an upcoming CPE program with Melisa Galasso.

WSCPA is excited to partner with Galasso Learning Solutions to provide A&A Today, real-time A&A updates and answers. Check the WSCPA blog often for new episodes or subscribe on YouTube.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.