Designing and Performing Financial Audit Sampling Plans

Course details

Sampling is a critical means of determining the extent of testing for evaluating projected error or misstatement in financial statements, deficiencies in internal control, or noncompliance.

This course provides insight into how to avoid common misconceptions and misapplications in various sampling applications.

Learning Objectives

Discover how to select the most correct sampling method for the intended purpose of the procedure
Discover how to calculate the sample size for tests of controls, tests of compliance, and tests of details
Explore how to evaluate the results of sampling plans, including resolving discrepancies and projected misstatements