myCPE
myCPE

Quantitative Analysis for Auditors - Understanding Sampling 4 Credits

Quantitative Analysis for Auditors - Understanding Sampling 4 Credits

  • Richard Cascarino

    CRMA, CIA, CISM, CFE
  • Rating

    3.3
  • Reviewed on

    March, 2024
  • Subject Area

    Auditing

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To identify the understanding of population analysis in Audit sampling
  • To explore correlation and regressions for audit
  • To discuss how to conduct the audit
  • To recognize how you can obtain information from IT systems for analysis
  • To explore the application of Computer Assisted Audit Techniques (CAATs)
  • To discuss the application of data analytics for audit results
  • To identify the use of probability theory for audit

Course Overview

A hands-on approach for getting good audit results shows that the need of the hour is to include quantitative analysis in the auditing process. It has come to be a necessity in the wake of numerous information technology devices and systems. These systems and devices have made it a pre-requisite that the auditors and the management have the system in place to examine high volumes of data to determine patterns and trends. 

This online CPE Audit webinar Richard Cascarino provides the use of quantitative techniques for improving the quality and efficiency of the audit. Combining financial and operating data enables the management to set up key areas for the required impact. This webinar would help in proving the mettle of the auditor by answering questions that provide quality of audit findings such as how significant the audit findings are, how audit findings can help improve the product quality, reliability, safety, etc.  

This online CPE Auditing webinar covers the following Key Topics: 

  • Population Analysis
  • Correlations and Regressions
  • Conducting the Audit
  • Obtaining Information from IT Systems for Analysis
  • Use of Computer Assisted Audit Techniques
  • Data Analytics
  • Probability Theory

Richard has been providing internal audit, fraud audit, information security consultancy, risk management, and corporate governance consultancy for over three decades. He has a relevant practical approach in explaining key concepts. With his opinions and experience poured into the webinar course, the attendees will get key insight that can prove to be a long-term value.

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credits

4

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Richard Cascarino
Richard Cascarino , CRMA, CIA, CISM, CFE

Founder, Richard Cascarino & Associates

  • 4.2
  • rating
  • rating
  • rating
  • rating
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Richard Cascarino has, for the last thirty-three years, been providing Internal Audit, Fraud Audit, IS Audit Consultancy, Risk Management and Corporate Governance consultancy as well as Professional Development services to clients throughout the United States of America, the African region,  Europe and the Middle East. These include Central Banks and Financial Institutions, some of the largest corporations, government departments, auditors general, and professional bodies in their respective countries.

He is also a visiting Lecturer at the University of the Witwatersrand, lead author of the book Internal Auditing - an Integrated Approach, published by Juta Publishing. In addition, he is the author of the Auditor's Guide to IT Auditing and Corporate Fraud and Internal Control: A Framework for Prevention" published by Wiley

Publishing He is also a contributor to QFINANCE – The Ultimate Resource published by Bloomsbury.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

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1,824 ratings

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MS

Muhasin Saharu, Others

Excellent

KD

Kevin Dean, CISA

The quiz on this course contains multiple questions that are only mentioned in passing during the presentation. The overall presentation contains very little in the way of practical details of sampling and is generally useless. I feel like I did not get what I paid for here.

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