A broad overview of the audit of local governments, including the unique nature of government auditing, with emphasis on using risk assessment to achieve efficiency. Topics covered include:

•Accounting and auditing standards applicable to government engagements

•Independence considerations

•Engagement planning with emphasis on risk assessment, materiality and analytical procedures

•Internal control

•Audit program design and modification

•Audit sampling

•Unique aspects of accounting and auditing for cash, investments, revenues and receivables, expenditures and payables, payroll, property and equipment, long-term debt, and fund equity

•Conclusion of field work

•Communication of control related matters

•Single audit requirements

Experience/Prerequisites: Minimum to overview level.

Who should attend: Partners and managers responsible for planning and supervision of governmental engagements, as well as staff persons conducting those engagements.