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Quantitative Analysis for Auditors - Understanding Sampling

  • Accountant
  • CPA (CA)
  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CA - ICAEW
  • IAP
  • QIAL
  • ACCA
  • CBA/MCBA
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • CFIRS
  • 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

Overview

  • 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 of Auditing for Certified Financial Forensics (CFF)
  • 4 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
  • 4 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
  • 4 CPE Credit of Auditing for Certified Valuation Analyst (CVA)
  • 4 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 4 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 4 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 4 CE Credit for Certified Wealth Strategist (CWS)
  • 4 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 4 CPD Credit for CA - 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
  • 4 CPD Credit of Auditing for Chartered Professional Accountant (CPA Canada)
  • 4 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
  • 4 CPE Credit of Auditing for Certified Government Auditing Professional (CGAP)
  • 4 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
  • 4 CPE Credit of Auditing for Certified Management Accountants (CMA)
  • 4 CPE Credit of Auditing for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)

Additional details

  • Course Level :
    Basic
  • Credits :
    4
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

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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 through its website: www.NASBARegistry.org.

Presenter

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

www.rcascarino.com/

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.

Faq

FAQs content

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Ratings and Review

1.8

5 Ratings

Excellent

0

Very Good

0

Average

2

Poor

0

Terrible

3

KD

Kevin Dean, CISA

Mar 27th, 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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