MicroMash
CPE that meets GAO Yellow Book requirements

Audit-related Taxation Issues

The GAO has stated that CPE requirements may be met by courses that
cover taxation issues that relate to an ojective of an audit.

Effective immediately, GAO has deleted inclusion of taxation in the listing of subjects and topics that would always satisfy the 80 hour requirement.

... However, if taxation relates to an objective of an audit conducted under GAGAS, certain training in taxation could possibly qualify as CPE under Yellow Book. For example, auditors employed by the federal Internal Revenue Service or state and local government employees who audit tax revenues may be able to claim GAGAS CPE credits for courses in taxation. Likewise, auditors auditing the financial statements of not-for-profit organizations under GAGAS might also be able to claim GAGAS CPE if knowledge of the relevant tax requirements is an important financial reporting objective that influences reporting for purposes of the financial statements. In such cases, the audit organization should document the rationale for including such training as part of the GAGAS CPE requirement. [Emphasis added.]

Amendment to Paragraph 46 of the Interpretation of Continuing Education and Training Requirements, Internet release, March, 2004

MicroMash has not listed any tax courses for GAGAS CPE purposes. If you wish to review tax courses for your own special situation, consult our library of tax courses.

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