Programme Objective

To provide audit professionals with guidance on understanding the key concepts of audit sampling, sampling risks, various audit sampling tests methodology and evaluation of audit sampling results. 

Programme Outline

1) Understanding the objective and purpose of audit sampling

2) Sampling Risks

• key concepts and risks associated with audit sampling
• advantages and disadvantages of statistical and non-statistical sampling (including appropriate application)

3) Perform Audit Sampling Procedure

• Tests of controls
• Substantive tests of details
• Identify nature and cause of deviations and misstatements

4) Evaluating Results of Audit Sampling

• analyze audit sampling results
• determine appropriate audit response

Training Methodology

Lecture style with exercises / case studies

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Practising and Non-Practising Accountants and Auditors. Those who are keen to understand more about Audit Sampling are encouraged to attend.

Programme Facilitator(s)