A Guide to Sampling - Part 1 (X4-8098757)

Sampling is often identified as a common audit deficiency in peer review. This course will review when is sampling applicable and basics of planning a sample. We'll then focus on the application of sampling in financial statement audits with a look at sampling for substantive procedures. We'll look at the use of monetary unit sampling and tools that can be leveraged to reduce bias in sampling.

DESIGNED FOR

All accounting/auditing professionals

BENEFITS

PREREQUISITES

Prior experience with GAGAS and Uniform Guidance

ADVANCE PREPARATION

None