Common Yellow Book & Single Audit Deficiencies
Total Credits: 4 including 4 Auditing- Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | Yellow Book
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Intermediate
- Duration:
- 4 Hours
- License:
- Expires 30 day(s) after program date.
Description
Yellow Book and Single Audit engagements are considered must-select engagements for peer review. This course will review the common deficiencies noted by peer reviewers and federal agencies. We'll focus on the requirements of Yellow Book independence, CPE, and reporting. We will also review deficiencies related to internal controls over compliance, compliance testing, and major program determination for Single Audits. We'll close the course with a look at the deficiencies often identified in COVID-related funds.
Basic Course Information
Learning Objectives- Identify common deficiencies in Yellow Book Engagements
- Recall the independence requirements in Yellow Book
- Identify common single audit deficiencies
- Recall common deficiencies found related to COVID-19 funding
Major Subjects
- Auditing
- Yellowbook
- COVID-related funds
Course Materials
IMPORTANT CPE Credit Instructions Read Before Webcast Updated 2025 (434.2 KB) | Available after Purchase |
Common Yellow Book & Single Audit Deficiencies Handout (3.5 MB) | Available after Purchase |
Faculty

Melisa F. Galasso Related Seminars and Products
Founder and CEO
Galasso Learning Solutions LLC
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Dates
Wed, Apr 30, 2025 - 01:00pm to 04:40pm EDT
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Thu, May 08, 2025 - 03:00pm to 06:40pm EDT
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Tue, May 20, 2025 - 05:00pm to 08:40pm EDT
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Tue, Jun 03, 2025 - 06:00pm to 09:40pm EDT
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Thu, Jun 19, 2025 - 11:00am to 02:40pm EDT
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Mon, Jun 30, 2025 - 01:00pm to 04:40pm EDT
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Wed, Jul 09, 2025 - 03:00pm to 06:40pm EDT
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Mon, Jul 28, 2025 - 05:00pm to 08:40pm EDT
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Fri, Aug 01, 2025 - 09:00am to 12:40pm EDT
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Sat, Aug 16, 2025 - 11:00am to 02:40pm EDT
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Fri, Sep 12, 2025 - 01:00pm to 04:40pm EDT
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Wed, Sep 24, 2025 - 03:00pm to 06:40pm EDT
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Fri, Oct 10, 2025 - 05:00pm to 08:40pm EDT
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Thu, Oct 23, 2025 - 09:00am to 12:40pm EDT
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Mon, Nov 10, 2025 - 11:00am to 02:40pm EST
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Mon, Nov 24, 2025 - 01:00pm to 04:40pm EST
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Mon, Dec 01, 2025 - 03:00pm to 06:40pm EST
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Wed, Dec 10, 2025 - 05:00pm to 08:40pm EST
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Fri, Dec 19, 2025 - 09:00am to 12:40pm EST
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Sat, Jan 10, 2026 - 11:00am to 02:40pm EST
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Fri, Jan 30, 2026 - 01:00pm to 04:40pm EST
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Mon, Feb 02, 2026 - 03:00pm to 06:40pm EST
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Tue, Feb 17, 2026 - 05:00pm to 08:40pm EST
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Fri, Mar 13, 2026 - 09:00am to 12:40pm EDT
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Thu, Mar 26, 2026 - 11:00am to 02:40pm EDT
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Fri, Apr 10, 2026 - 01:00pm to 04:40pm EDT
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Mon, Apr 27, 2026 - 03:00pm to 06:40pm EDT
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Fri, May 15, 2026 - 05:00pm to 08:40pm EDT
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Thu, May 28, 2026 - 06:00pm to 09:40pm EDT
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Fri, Jun 12, 2026 - 11:00am to 02:40pm EDT
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Sat, Jun 20, 2026 - 01:00pm to 04:40pm EDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with GAGAS and the Uniform GuidanceAdvanced Preparation None
Designed For
Accounting Professionals
Original Recording Date 02/2025
Yellow Book Yes
Course Developer Galasso Learning Solutions
Date Added to Catalog 2/2025
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.