Sam Latimer,
Audit Partner, Rushton Accounting & Business Advisor
Audit sampling continues to challenge government and nonprofit auditors abound. It is a common audit deficiency sited in peer reviews. This session is your guide to understanding and implementing sampling in your Yellow Book or Uniform Guidance audits. During this presentation, we will take an in-depth look at general audit sampling concepts, sample planning, audit sampling for internal controls in a Yellow Book audit, compliance and internal control over compliance sampling for a single audit, and sampling for substantive testing in a governmental or nonprofit audit. After attending this session, attendees will be better equipped to sample a population for internal controls, substantive testing, and compliance testing.