Audit Sampling
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=_fchNFiEtOg
Auditing Theory: Concept and Practice Tutorial Series covers the necessary skill and knowledge that will help in passing the CPA Licensure Exam and information that will guide auditors in performing auditing and related services. • This video aims to help the viewers understand and review the concept and steps of audit sampling. • Subscribe to our channel to be updated on the release of the next videos. • Contents: • 0:00 - Start • 0:50 - Definition of Audit Sampling • 4:40 - Rationale for Audit Sampling • 8:26 - Objectives of Audit Sampling • 11:33 - Risks Associated with Sampling • 14:40 - Two Types of Sampling Risk • 21:56 - Controlling Sampling and Non-Sampling Risks • 24:20 - Basic Steps in Sampling • 27:41 - Defining the Population • 29:59 - Stratification and Value-Weighted Selection • 35:10 - Sampling Approaches • 37:56 - Statistical vs Non-Statistical Approach • 43:35 - Determining the Sample Size • 53:04 - Sample Selection Methods • 1:00:45 - Testing the Sample Items • 1:02:46 - Evaluating the Results • 1:07:10 - Attribute Sampling • 1:13:00 - Other Statistical Attribute Sampling • 1:15:53 - Classical Variables Sampling • 1:23:00 - Monetary Unit Sampling • 1:30:25 - Classical Variables vs Monetary Unit Sampling • • Facebook Page: / akawntingpage • Youtube Channel: / akawnting • Visit our blog: https://akawnting.com
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