MyWSCPA | Contact Us |News & Commentary
Audit Sampling

Audit Sampling

Quick Overview
This CPE course uses examples and case studies to help you establish best practices for performing and evaluating sampling procedures. It will help you determine appropriate sample sizes, and select and evaluate samples in connection with performing auditing procedures. The course covers important techniques as well as special situations, such as estimating amounts and litigation support. An example of applying classical variables sampling to an audit population will be provided.

Credits - 9.50
My Cart

Price: 189.00


Lynford Graham, CPA, Ph.D.

Field(s) of study


Level of difficulty


Topics discussed

Attribute sampling for control testing, Monetary unit sampling for performing substantive tests, Relating risk in material misstatement and sampling risk, Controlling and evaluating sampling risk, Selecting a representative sample, Using PPS sampling, Nonstatistical sampling


Identify the basic terms and foundational concepts of audit sampling, Describe various sampling methods and how to determine the most appropriate sampling technique to properly align with the given test population, Determine sample sizes using various sampling methods and evaluate sample results, Recognize the relationship of substantive detail sampling to the risk of material misstatement (RMM) and other substantive audit procedures, Recognize the audit implications of factual (known) misstatements identified in sampling and nonsampling procedures, Recognize the audit implications of projected misstatements from sampling procedures

Designed for

CPA staff (and above) who perform audits, internal auditors and other industry accountants interested in applying sampling techniques