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Quantitative Analysis for Auditors - Understanding Sampling

  • CPA (CA)
  • CFF
  • CFE
  • CISA
  • CIA
  • CPA (US)
  • CVA
  • CA - ICAEW
  • IAP
  • QIAL
  • ACCA
  • MAFF
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • CWS

Published: February, 2022

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description


  • Data analysis software
    9 mins
  • Risk analysis and internal auditing
    18 mins
  • A risk-based planning approach
    37 mins
  • Primary areas of concern
    52 mins
  • Main big data technologies
    78 mins
  • Importing the data
    91 mins
  • Challenges for the Auditor
    101 mins
  • Determining the appropriate CAAT
    135 mins

Course Description

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.

Learning Objectives

  • 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

Recommended For

  • This Online CPE webinar on Auditing is recommended for CPAs, CIA, IAP, QIAL, CFE, CFF, MAFF, CITP, CRISC, CISA, CGEIT, CFPSE, CVA, and other audit professionals who desire to help their clients with quantitative methods in the audit process. 
  • This Online CPD webinar on Auditing is recommended for CPAs in Canada who want to help their clients with better audit results.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial CPA
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 4 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 4 CPD Credit for Chartered Professional Accountant (CPA Canada)
  • 4 CPD Credit for Certified Financial Forensics (CFF)
  • 4 CPE Credit for Certified Fraud Examiner (CFE)
  • 4 CPE Credit for Certified Information Systems Auditor (CISA)
  • 4 CPD Credit for Certified Information Technology Professionals (CITP)
  • 4 CPE Credit for Certified Internal Auditors (CIA)
  • 4 CPE Credit for Certified Valuation Analyst (CVA)
  • 4 CPE Credit for Internal Audit Practitioner (IAP)
  • 4 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 4 CPE Credit for Master Analyst In Financial Forensics (MAFF)
  • 4 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 4 CE Credit for Certified Wealth Strategist (CWS)
  • 4 General Credit for Accountant/Bookkeeper (ACCT./BK)
  • 4 CPD Credit for Chartered Accountants - ICAEW
  • 4 CPD Credit for Chartered Certified Accountants (ACCA)
  • 4 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 4 CPD Credit for Chartered Accountants - Scotland
  • 4 CPD Credit for CPA - Ireland

Additional details

  • Course Level :
  • Credits :
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
  • Advance Preparation :


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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 through its website: www.NASBARegistry.org.


About Presenter

Richard Cascarino, CRMA, CIA, CISM, CFE

Founder, Richard Cascarino & Associates

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.

About Company

Richard Cascarino & Associates


Richard Cascarino and Associates LLC are providers high quality consulting and training services worldwide. They are associated with some of the most experienced consultants and highest quality professional educators in the fields of Fraud Audit, IS Audit and IS Audit Training, Internal Audit and Internal Audit Training as well as Enterprise Risk Management.


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Ratings and Review


2 Ratings



Very Good









Kevin Dean, CISA

Mar 28th, 2022

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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