This module explains how SAS 149 affects group audits and prepares participants to adjust their governmental audit plans to comply with the updated standard. Participants will begin by reviewing key group audit concepts, including what defines a group audit and group financial statements, before examining how the group audit requirements apply specifically to governmental audits.

Through mini-scenarios and practical decision-making exercises, participants will explore how to identify when a governmental financial statement audit is considered a group audit and evaluate the unique considerations that may arise in a governmental environment. The module emphasizes the application of professional judgment when determining group audit applicability and addressing related documentation requirements.

Participants will also learn how SAS 149 affects audit planning and how to modify an audit plan to align with the updated requirements. Topics include governmental component materiality, risk assessment, and planned audit responses, giving participants an opportunity to apply the requirements in practical government audit situations.