tailieunhanh - Ebook Auditing (6th edition): Part 2

(BQ) Part 2 book "Auditing" has contents: Audit sampling; auditing revenue and related accounts; audit of acquisition cycle and inventory, audit of acquisition cycle and inventory, completing the audit, professional liability, internal auditing and outsourcing,. and other contents. | CHAPTER 10 Audit Sampling LEARNING OBJECTIVES The overriding objective of this textbook is to build a foundation to analyze current professional issues and adapt audit approaches to business and economic complexities. Through studying this chapter, you will be able to: • Identify the appropriate places to use audit sampling. • Explain and assess the risks associated with all sampling procedures. • Discuss the differences between nonstatistical and statistical sampling as a basis to determine the appropriate sampling methodology. • Describe how attribute estimation sampling can be used to test controls. • Discuss the considerations for planning tests of account balances. • Determine the most appropriate sampling method to test account balances. • Describe how to use nonstatistical sampling to test account balances. • Describe how to use probability proportional to size sampling to test account balances. • Analyze sampling results and choose effective follow-up procedures. CHAPTER OVERVIEW Sampling is a useful tool to gain objective evidence about the correctness of an account balance or the correctness of processing. Statistical sampling increases both the efficiency and effectiveness of audit procedures designed to directly test account balances, controls, compliance, or processing. Sampling is widely used in audits to gather evidence to reach conclusions about the correctness of account balances or the operation of controls. Since the auditor usually cannot examine 100% of a given population, it is important that samples taken are representative of the underlying population and that projections of the results to the underlying characteristics of the full population will be accurate. Sampling is often used when confirming accounts receivable, performing price tests on inventory, testing fixed asset additions, and many other instances in which the auditor wants to reach a conclusion regarding the underlying population by examining only a few .

• Kế toán - Kiểm toán
• Audit sampling
• Auditing revenue
• Related accounts
• Completing the audit
• Professional liability
• Internal auditing
• Financial statement auditing
• Audit planning
• Internal control
• Auditing business processes
• Classical variables sampling
• Account balances
• Assurance services
• Fraud auditing
• The audit process
• Overall audit strategy
• Financial instruments
• Nonassurance services
• Assurance services profession
• Auditing services
• Audit process
• Sampling theory
• Principles of auditing
• Statistical sampling
• Random sample
• Statistical sampling plans
• Attributes sampling
• Sampling risk
• Financial statement audit
• Contemporary auditing environment
• Variables sampling
• Monetary unit sampling
• Auditing and assurance services
• Auditing environment
• Auditing internal control