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Principals’ Meeting and Yellow Book Update (APIPA Principals and Designees Only)

Course Category Audit

September 09, 2026

7:00 a.m.

Change

On-Site

This course will be delivered on-site in FSM National Government.

Registration is open to insular government professionals.

Course Description

Receive an in-depth review and update on the 2024 revision of Government Auditing Standards, including a summary of the changes in the 2024 Yellow Book update. Discuss the structure of the 2024 revisions of the standards and the major changes, focusing on the sections applicable to performance audits. Discuss the purpose and requirements of individual standards, with emphasis on the recent changes.

What You Will Learn

Review the purpose and applicability of the Government Auditing Standards.
Review the ethical principles that influence the application of the Government Auditing Standards.
Review the types of audits and engagements, focusing on performance audits.
Review the general standards, including updates.
Review the fieldwork and reporting standards for performance audits, including updates.

Who Should Attend

This session is restricted to APIPA Principals and their designees and will be of interest to audit directors responsible for overseeing audit offices and standards.

NEXT SESSION

DAYS

HOURS

MINS

SECONDS

September 09, 2026

7:00 a.m. to 2:00 p.m.

Change

CPEs - 6 Credit Hours

On-Site, FSM National Government

TBD, FSM National Government

Instructor

Drummond Kahn

Portland, Oregon

Drummond Kahn serves on the faculty of the Graduate School USA, training auditors and financial managers in the U.S. and overseas. Since 1990, Mr. Kahn served in federal, state, and local government auditing positions.

Photo Gallery

Photos from recent activities hosted by the Pacific and Virgin Islands Training Initiatives (PITI-VITI) in support of conferences, training and leadership development, are available below.