Virtual Training Course

Sampling on Draftworx

>> Click here to book this training as an In-House course <<

This Course is not part of the MUS Subscriber discount structure.

Price: R1265.00 (VAT Incl.) Per Person
Presenter: Ms Yvonne Rossouw
Date: 12 Apr '22
Times: Registration:08H00 Start:08H30 End:16H00
Duration: 1 Day
CPD Hours: Attendance at this seminar will secure 0 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Platform: Web Based (Online)
Course Facilitator: Yvonne Rossouw
T:  011-886-1395
E:  nerissa@probetatraining.co.za
Alternative Dates: 5 Jul '22
Back Book Now

When designing tests of control and tests of details, the auditor shall determine means of selecting items for testing that are effective in meeting the purpose of the audit procedure. The auditor also needs to ensure that sufficient appropriate evidence is obtained through these procedures. This course focuses on the different methods of selecting items, the advantages and disadvantages of each, when and how to use them, and the results obtained from the different methods. This session also discusses the requirements of ISA 530 in terms of sampling and how to calculate and select sample sizes in Draftworx.

The following will be covered during this session: • What is meant by “Sufficient and Appropriate”? • Different selection methods for items o Selecting all items o Specific items o Audit sampling • What is audit sampling • Different types of sample selection methods o Haphazard o Random o Judgemental o Monetary unit sampling o Systematic • Determination of sample sizes • Documentation necessary on audit file • Selecting items for control tests • Selecting items for substantive tests (detail tests). • Projecting misstatements

First year SAICA Trainees Second year SAICA trainees Third year SAICA trainees Fourth year SAICA trainees Fifth year SAICA trainees Audit mangers Audit partners Auditors