Course objectives

Auditors’ findings and recommendations are often challenged by management on the grounds that sampling activity is unrepresentative and that opinions reached are inconclusive in terms of significance. In order to overcome this deficiency, auditors are increasingly turning to modern methods of l sampling which have been greatly improved as a result of computer technology. This course provide a basic understanding of practical sampling, explains the principles of sampling and it focuses on the various methods, their advantages and disadvantages.

Course benefits

After completing this course, you will be able to:

1. describe sampling techniques,
2. describe sampling risk,
3. describe the steps for testing controls using attribute and discovery sampling

Participants will become familiar with the principles and basic methods of sampling.

This course covers the basic theory of statistical and non-statistical sampling and how those tools are used by internal auditors.