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2024 A Guide to Sampling - Part 1

Overview

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.

Prerequisites

None

Objectives

  • Identify when a procedure requires sampling
  • Recall key elements of a sampling plan
  • Recognize proper application of AU-C 530 for tests of details
  • Perform MUS sampling 

Highlights

  • Sampling
  • Monetary Unit Sampling

Event Code:

5891865

2 CPE Credits
Auditing: 2 Credits

Registration

Member Price:
$79
Non-member Price:
$109

Online registration for this course is currently closed. To register for this course, please call us at (800) 292-1754.

Thursday, July 11th

4:00pm to 6:00pm

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Instructor

Melisa Galasso