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Monday, June 29, 2026 Live Webcast

Sampling - Avoiding Common Mistakes on Financial Statement and Compliance Audits (X4-7207132)

12:00 PM - 1:48 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

Sampling is an important method for determining the extent of testing controls, testing compliance, and tests of substantive details. It allows the auditor to apply procedures to less than 100% of the population yet extend results to project likely conclusions about the entire population. This module will describe the proper process for both attribute testing and variable sampling in financial statement and compliance audits.

DESIGNED FOR

Anyone who performs audits

BENEFITS

  • Recall generally accepted audit requirements related to sampling applications
  • Differentiate attribute testing for tests of controls or compliance from sampling for substantive assurance in tests of details
  • Explain special considerations related to testing in compliance audits performed in accordance with Uniform Guidance 
  • Identify common sampling-related audit deficiencies

HIGHLIGHTS

  • Types of sampling and sampling risk
  • Differentiating statistical and nonstatistical sampling approaches
  • Attribute testing for tests of controls and compliance
  • Variables sampling for substantive audit assurance when performing tests of details
  • Determining sample sizes in a compliance audit in conformance with Uniform Guidance

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys

PRICING

$79.00 - Member

$109.00 - Nonmember

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Note: Online pre-registration will close on June 29 at 11:30 AM.

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