Audit sampling doesn't have to be intimidating. Meredith Mednick, CPA, CA breaks it down into plain language - when it applies, statistical versus non-statistical methods, sample sizing and selection, and evaluating your results. Grounded in a running client scenario, this episode is built for auditors who want to understand the standard, not just survive it.

• (00:00) - Busy Season Panic
• (02:28) - What Sampling Is
• (04:37) - When Sampling Applies
• (05:58) - Meet Maple Ridge
• (06:50) - Statistical vs Judgmental
• (10:08) - How to Select Items
• (13:16) - How Big a Sample
• (16:50) - Midpoint Recap
• (18:10) - Execute the Sample
• (20:53) - Evaluate Misstatements
• (23:54) - Sampling Risk Explained
• (25:55) - Document It Right
• (27:58) - Impact on Audit Opinion
• (29:22) - Key Takeaways
• (31:24) - Where to Learn More
• (32:20) - Wrap Up and CPE

LinkedIn: https://www.linkedin.com/in/meredithmednick/

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