When federal funds are involved, accountability and precision are non-negotiable. Yellow Book: Uniform Guidance Training Part 5 – Performing a Compliance Audit equips auditors with the essential skills and knowledge required to conduct effective compliance audits in accordance with Uniform Guidance (2 CFR Part 200, Subpart F). Tailored for professionals engaged in audit training, this course is a perfect fit for LMS platforms supporting government, nonprofit, and grant-focused auditing programs.
This session takes a hands-on approach to understanding how compliance audits differ from traditional financial audits. It covers the planning and execution of audit procedures, evaluation of internal controls over compliance, and the 12 key compliance requirements outlined by Uniform Guidance. Learners will explore the importance of the Compliance Supplement, risk-based selection of programs, sampling methods, and reporting protocols—including Schedule of Findings and Questioned Costs.
This course is a valuable addition to any comprehensive audit training plan, helping professionals strengthen their expertise in compliance auditing and stay aligned with federal standards and best practices.