GOV1927. Sampling Case Studies: How Do I Apply the Facts, Decisions & Judgements?
Track:
Single Audit
Field of Study:
Auditing (Governmental)
CPE Credit:
2.0
Knowledge Level:
Intermediate
Advanced Preparation:
None
Prerequisite:
Basic knowledge of auditing, accounting and/or compliance requirements for state and local government and/or not-for-profits. General experience auditing state and local governments and/or not-for-profits, including those engagements audited under GAGAS.
Tuesday, October 29, 2019
8:30AM-10:10AM
Sampling concepts learned in Session 17 will be expanded to real life situations auditors may encounter on a single audit. This session will include several different case studies to provide examples on how to apply sampling concepts and work through difficult and challenging issues when sampling in a single audit.
Learning Objectives:
1. Determine auditor considerations related to population completeness, calculations of sample sizes, and risk.
2. Identify when sampling may not be appropriate for a population in a single audit.
