A Guide to Sampling - Part 1 (X4-6801908)

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

Accounting Professionals

BENEFITS

PREREQUISITES

None

ADVANCE PREPARATION

None