Rely on our experienced accountants for your “Yellow Book” audit.

These types of audits are a specialty of ours and dear to our hearts. If you offer financial aid to students you should call us.

Even if you already have an auditor, our experts at Johnson, Glaze & Co. can help you understand and follow the myriad regulations from the U.S. Department of Education. To help you get started here are a few pieces of information:

When is a “Yellow Book” audit applicable?

Generally, provisions of laws, regulations, contracts, grant agreements or policies require that an audit be conducted in accordance with Generally Accepted Government Auditing Standards (GAGAS) aka “Yellow Book”. Anyone that receives federal financial aid must submit reports and financial statements that have been audited by CPAs under the “Yellow Book” standards.

When is a municipal audit applicable?

The most obvious organizations that require municipal audits are governments such as state, counties, and cities. We serve much smaller entities like charter schools and service districts as well. Similar to “Yellow Book” audits these are mandated by the Oregon Division of Audits and have numerous law, rules, and regulations with which to comply.

Who will do my audit?

We have two auditors who are admitted to the roster of municipal audits and four qualified for “Yellow Book.” Gayle Klampe is our Audit Manager and Jeremiah Leppert is a Certified Public Accountant.

gayle and jeremiah
Yellow book audits are a specialty of ours. Just ask audit manager Gayle Klampe or CPA Jeremiah Leppert.

Where can I get more information?

www.ifap.ed.gov is a good place of information for career school administrators that are subject to the “Yellow Book.”

If you might be subject to municipal audits, contact us to discuss your situation.

EMAIL US ABOUT YELLOW BOOK AUDITS

 

 

Web Design & Web Development by LVSYS