Understanding of Sampling and How They are Used
Purpose of Assignment
This assignment is critical for students to develop a fundamental understanding on how to sample data and generate evidential material to support findings.
Complete the table in the
Week 4 Worksheet
in no more than 700 words.
Fill in each box.
Conduct research, analyze, compare and contrast the included topics.
Include citations.
Week 4
Individual Assignment
FIN/590 Version 3
1
Week 4
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.
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Directions |
Operational Audit |
Compliance Audit |
Financial Statement Audit |
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Define audit sampling. |
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How to gather evidence, when and when not to apply sampling technics. Use appropriate terminology. |
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Description of attribute sampling. |
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Demonstrate nonstatistical sampling. |
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Describe sampling of internal controls, account balances, and monetary units. |
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Demonstrate nonstatistical sampling, classical variable and classic variable sample with difference estimations. |
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References: |
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