Audit Sampling
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to wishlist failed.
Please try again later
Remove from wishlist failed.
Please try again later
Adding to library failed
Please try again
Follow podcast failed
Unfollow podcast failed
Audit Sampling
-
Narrated by:
-
By:
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
Connect with Meredith
LinkedIn: https://www.linkedin.com/in/meredithmednick/
Earn CPE for Listening to This Podcast
https://www.earmark.app/
This podcast is a production of Earmark Media
adbl_web_anon_alc_button_suppression_t1
No reviews yet