Description

This session will include a summary of the key independence provisions found in the 2018 Revision of the Government Auditing Standards and related implementation considerations.

Learning Objectives:

• Distinguish the significant independence requirements and related application guidance found in the 2018 Revision of the Yellow Book.
• Identify the impact the 2018 Revision of the Yellow Book will have on the performance of certain nonaudit services.
• Indicate where to obtain additional GAO and AICPA Resources.

Speaker(s):

• Elaine M. Cahoon, CPA, CGFM, CISA, Director, KPMG
• Brian A. Schebler, CPA, Managing Director, RSM US LLP