|Week 4 Individual Assignment
FIN/590 Version 3
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.
|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.|
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