Understanding of Sampling and How They are Used

Week 4 Individual Assignment

FIN/590 Version 3

1

Individual Assignment: Understanding of Sampling and How They are Used

Complete the table below by filling in each box.

Conduct research, analyze, compare and contrast, the following topics.

Include citations.

Directions	Operational Audit	Compliance Audit	Financial Statement Audit
Define audit sampling.
How to gather evidence, when and when not to apply sampling technics. Use appropriate terminology.
Description of attribute sampling.
Demonstrate nonstatistical sampling.
Describe sampling of internal controls, account balances, and monetary units.
Demonstrate nonstatistical sampling, classical variable and classic variable sample with difference estimations.
References: