Government Auditing Standards Exam

Overview

This examination draws its foundation from GAO's Yellow Book. It challenges candidates' comprehension of governmental auditing practices, from the initial planning stages through to the reporting stage. The exam includes 75 multiple choice questions and candidates have 90 minutes to complete.

Primary Domains

  • General Standards: This domain delves deep into the foundational rules set forth by the Yellow Book. Candidates will be assessed on their understanding of the importance of maintaining independence, adhering to ethical guidelines, and ensuring competence throughout the auditing process.

  • Planning the Audit: Covers the early stages of the audit process, emphasizing the importance of understanding the audited entity's environment, assessing risks, and determining the objectives and scope of the audit.

  • Performing the Audit: Assesses candidates on their ability to gather appropriate evidence through various methods, evaluate internal controls, and make informed judgments based on their findings.

  • Reporting on Audit Findings: Evaluates a candidate's knowledge of how to craft comprehensive, clear, and impactful audit reports. Topics include structuring the report, presenting findings, and ensuring compliance with governmental standards.

Preparing for the Exam

PSAI offers a range of resources and training programs tailored to support candidates through their CRGA certification journey. From study guides to in-depth training sessions, we're committed to ensuring every candidate is well-prepared to tackle the challenges of the CRGA exams.