22522 Autumn Session 2016 - Topic 9 - Audit Sampling

IMPORTANT NOTE: 2020 lectures and slides are now available

*** Updated for lost audio from previous version ***
In this week's lecture I examine the key question of how auditors determine how much evidence to gather via the use of sampling. Testing all of the transactions at any large company is not economically feasible, auditors use sampling to make conclusions about the entire account while checking only a small portion.

Want to download a PDF of the PowerPoint slides I use? Find them here on my blog:

PowerPoint slides published in this video are used with permission from Pearson Australia.

[杨兆伟-ni]

There is no sound from 15:16 to 17-:36

[gerryredman]

After watching this video it gave me a great understanding in audit sampling however, i look forward in seeing what types of populations that is relevant to the audit and as well what is NOT relevant to the audit so i may have a better understanding