Examine the GASB standards effective this year, including GASB 94, Public Private Partnerships and GASB 96, and Subscription Based IT Arrangements. Practical application of the topics presented through case studies will be included. 

Review the GASB standards coming down the pike, including significant projects of the GASB. When considering the audit side of the house, Yellow Book and Single Audit engagements are considered must-select engagements for peer review. Cover the Yellow Book independence requirements, which are required any time an auditor performs a Yellow Book or Single Audit, even when the engagement is for a for-profit entity. 

Also, study the new alternative engagements that various federal agencies have created to provide alternatives to Single Audits, including SVOG, CSLFRF and PRF engagements. Look at the key changes in the 2023 Compliance Supplement and the COVID deficiencies identified by the federal agencies and peer reviewers.