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DECODED® Red, Yellow, and Texas

Date(s): Nov 07, 2024
Time: 8:00AM - 12:00PM
Registration Fee: $99.00
Cancellation Date: N/A
Location: Online

Course Description

Yeeeeehaaaaw! Well, no, that’s probably not how you should begin an Audit (or a class). Just like everything else, Texas has its own Audit Standards under the Texas Internal Auditing Act. Join in for an International Professional Practices Framework (IPPF/Red), Generally Accepted Government Auditing Standards (GAGAS/Yellow), Orange (Red/Yellow blended), and Texas Internal Auditing Act (TIAA) standards cookout that apply to Internal Audits in the Lone Star State.


Potential CPE Credits: 4.0
Govt Hours: This class meets 4.0 hours of the 24-hour requirement for governmental CPE under Government Auditing Standards (yellow book), in most cases.
Technical Hours: This class meets 4.0 CPE credits of technical training in compliance with Texas Admin. Code Rule 523.102.

Instruction Type: Live
Experience Level: ADVANCED
Category: Auditing

Course Objectives

By the end of this course, participants will:

  • Understand changes to the Red Book and Yellow Book

  • Discuss differences in Red, Yellow, and TIAA

    Detailed Course Outline

  • 1. IPPF changes

    • Changes impacting Public Sector

    • When is implementation due

    • Impact to Peer Reviews

  • 2. GAGAS changes

    • Changes impacting state and local

    • When is implementation due

    • Exploring the new tools built for state and local

    • Impact to Peer Reviews

  • 3. Differences between standards

    • Examine differences between all the changed standards

    • Consider and contrast standards to TIAA

    • Applying best practices to integrate changes


Prerequisites

Advanced level of understanding of auditing standards under the International Professional Practices Framework (IPPF/Red), Generally Accepted Government Auditing Standards (GAGAS/ Yellow), Orange (Red/Yellow blended), and Texas Internal Auditing Act (TIAA).


Instructors

Mara Ash

Mara Ash, CIA, CGAP, CGFM, CMRA; Senior Partner and CEO, has over 25 years of operational and audit experience in the government and private sectors, would be ultimately responsible for the execution of this contract, all work, reports and quality of services rendered. Her career includes senior finance and consulting positions serving government agencies at all levels of government – federal, state, and local. Her unique experience with both public and private sectors brings a wealth of knowledge and innovation which enables BFS to provide cost-effective, innovative solutions. Her expertise covers the crucial elements of business and financial operations that create strategic alignments, enhance transparency, cultivate sustainable growth, and ensure compliance.

She is a federal compliance and grants expert, with in-depth experience building programs and processes that align agency objectives with regulatory requirements. She is a member of the Institute of Internal Auditors (IIA) and the Association of Government Accountants (AGA), where she has held various leadership positions. She currently serves as the Chairman of the Board of the Institute of Internal Auditors Public Sector Audit Committee. Mara believes in success built on efficiency, effectiveness, and transparency. Her goal is to help organizations improve service delivery, ensure compliance, enhance transparency, and reduce costs.

Pamela Stroebel Powers

Director, Professional Guidance - Public Sector

  • BS in Accounting and MBA from Willamette University

  • 25 years' experience in government auditing

  • Over 20 years' experience training professionals

  • Volunteer experience includes IIA Chapter leadership, Global Academic Relations Committee, and multiple State of Oregon Audit Committees.

  • Joined IIA in the spring of 2021.