Overview
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Audit Sampling Defined
2 mins
-
Tests of Controls Risk
14 mins
-
Tolerable Rate of Deviation
23 mins
-
Mistakes in Estimating Population Sequences
38 mins
-
Statistical Sampling
55 mins
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Common Sampling Quality Control Deficiencies
97 mins
Course Description
Sampling is an important method
for determining the extent of testing controls, testing compliance, and tests
of substantive details. It allows the auditor to apply procedures to less than
100% of the population yet extend results to project likely conclusions about
the entire population.
This Online CPE webinar will
describe the proper process for both attribute testing and variable sampling in
financial statements and compliance audits. The webinar will cover how you can
avoid common mistakes in financial statements, compliance, and audits. It will
also discuss various types of sampling applications to ensure a better quality
of services. To do that the webinar will help you identify Generally Accepted Audit
requirements for sampling applications. It will also help you differentiate
between various sampling techniques. It will also provide special
considerations for sampling while servicing compliance and single
audit engagements. The webinar will also discuss certain proficiencies that
you commonly see while designing and performing sampling applications on
different types of engagements.
This Online CPE webinar covers the following Major Topics:
- Types of sampling and sampling risk
- Differentiating statistical and non-statistical sampling approaches
- Attribute testing for tests of controls and compliance
- Variables sampling for substantive audit assurance when performing tests of details
- Determining sample sizes in a compliance audit in conformance with Uniform Guidance
In this webinar, the speaker Jennifer Louis takes
a comprehensive approach by covering the most relevant topics.
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& Estate Planning CPE Webinar
Learning Objectives
- To discover and discuss generally accepted audit requirements related to sampling applications.
- To recognize various attributes testing for tests of controls or compliance from sampling for substantive assurance in tests of details.
- To differentiate between various attribute testing for tests of controls or compliance from sampling for substantive assurance in tests of details.
- To explore special considerations related to testing in compliance audits performed in accordance with Uniform Guidance.
- To identify common sampling-related audit deficiencies and how to avoid them.
Recommended For
- Accountants who are responsible for applying sampling methods on a financial statement or compliance audits.
- This Online CPE/CE webinar is recommended for CPAs, CMA, CFE, CIA, CRMA, and Other Professionals who desire to ensure the quality of financial statements and compliance audits
Who Should Attend?
- Accountant
- Accounting Firm
- Accounting Managers
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- CPA in Business
- Senior Accountant
- Staff of Accounting Firm
- Young CPA
