Fundamentals of Government Auditing Standards and Practices

Overview

GSA Competencies and Levels

Audit Concepts, Policies and Principles: L3, L4

Apply the Federal Acquisition Regulation (FAR), Generally Accepted Government Auditing Standards (GAGAS), Generally Accepted Auditing Standards (GAAS), fiscal law, internal controls, policies, regulations, principles, standards and procedures governing audit activities

Source: DOD FM Certification Program

Audit Planning and Management: L3, L4

Evaluates audit programs to ensure an appropriate risk-based audit approach, monitors audit progress, and reviews working papers and audit reports to ensure audits are properly documented and accomplished in accordance with Generally Accepted Government Auditing Standards (GAGAS) and Generally Accepted Auditing Standards (GAAS).

Source: DOD FM Certification Program

---

Introduction to audit and other assurance services' objectives, theory, and practices. Focuses on developing skills for interpreting business strategies and identifying related business risks, describing internal control solutions to those risks, identifying evidential sources, providing assurance about those risks and controls, and designing strategies to provide assurance services about the reliability of business information.