- NY Credits : 1.0
- TX Credits : 1.0
GAAS Guide - Sampling
Audit sampling helps an auditor achieve sufficient evidence to support her/his opinion while conducting an efficient audit. This course will identify the different types of sampling and selection methods, and discuss audit risk and its different components.
Upon successful completion of GAAS Guide - Sampling, the user should be able to:
identify what audit sampling is in a financial statement audit,
recognize the different types of sampling and how each differs from the others,
determine what the sampling risk of incorrect rejection is called,
identify what is involved in using the random number sampling selection method, and
determine the differences between statistical and nonstatistical sampling.