Sampling

MODULE E

Overview of Sampling

LEARNING OBJECTIVES

| | | |

| |Review |Exercises, Problems, and |

| |Checkpoints |Simulations |

| |1, 2, 3, 4, 5, 6 | |

|1. Understand the basic principles of sampling, including the | |51, 52, 53, 54, 55 (parts a – |

|differences between statistical and nonstatistical sampling and | |c), 56, 63 (parts a – c), 66, |

|sampling and nonsampling risk. | |67, 71 (parts a – e) |

|2. Understand the basic steps and procedures used in conducting a |7, 8, 9, 10, 11, 12, 13 |55 (part d), 57, 58, 59, 60, |

|sampling plan. | |61, 62, 63 (parts d – g), 64, |

| | |65, 68, 70 |

|3. Identify the two situations in which sampling is used in an |14, 15, 16, 17, 18, 19, 20, 21 |71 |

|audit examination. | | |

|4. Understand how the basic steps and procedures used in a sampling|22, 23, 24 |69, 72, 73, 74 |

|plan apply to an audit examination. | | |

SOLUTIONS FOR REVIEW...