Webinar Training Course

Auditing Standards 6: Execution – Audit Evidence and Audit Sampling

Price: Firm/Group/Company - R1552.50 (VAT Incl.)
Individuals - R517.50 (VAT Incl.)
Price (MLU Subscriber): Firm/Group/Company - R1164.38 (VAT Incl.)
Individuals - R388.13 (VAT Incl.)
Presenter: Mr Tristan White
Date: 15 Sep '22
Times: 09h00 - 11h00
Duration: 2
CPD Hours: Attending the course and successfully completing the post-assessment, will grant you 2 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed.
Platform: Web Based (Online)
Contact Person: Tristan White
T:  0118861395
E:  gillian@probetatraining.co.za
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When you are out in the field selecting items to test, it becomes imperative knowing how you are permitted to select items from a population, what you can practically do to accumulate evidence, and what sources you can turn to for audit evidence. ISA 500 addresses these questions. One way to select items from a population is by sampling. ISA 530 contains appendices and helps you to navigate the various practical ways to select items, it helps you understand how to determine if you have enough samples and what happens when you find misstatements in your selected sample batch.

ISA 500 Audit Evidence will be simplified relative to the following aspects: • Sufficiency, reliability, appropriateness and relevance of audit evidence • Reliance on experts and on client information • How to practically gather evidence • How to make selections of items to test within a population • Inconsistent evidence ISA 530 Audit Sampling will be simplified relative to the following aspects: • Sample design, size and selection of items • Nature, cause and implication of deviations / misstatements from sample • Evaluating results of sampling • Appendices looking at various sampling techniques / concepts • Illustrative examples of sampling templates

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