WHY ATTEND THIS COURSE?
Auditors many times do little sampling as part of an audit as the result of a common misconception that sampling must be statistical. However, there are audit efficiencies that can be gained by considering the use of Nonstatistical sampling techniques and applications. Understanding how to design these application can improve efficiency and maintain effectiveness. This program illustrates the guidance in the current AICPA Audit Sampling Guide using a case study approach.
CPAs in public practice.
Participants will be able to select, perform, and evaluate samples.
COURSE ACRONYM: NSE2
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Basic
ADVANCE PREPARATION: None
FIELD OF STUDY: Auditing
RECOMMENDED CPE CREDIT: 2 hours
Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.