Online Course
Dec 10, 2020 - Dec 10, 2020
1 Students Enrolled
Payment MethodBook Now

Course overview:

ISA 530 Audit Sampling states that the auditor’s objective when using audit sampling, is to provide a basis for the auditor to draw conclusions about the population from which the sample is selected.

Audit sampling is the use of an audit procedure on a selection of items within an account balance or class of transactions. The use of sampling is widely adopted in auditing because it offers the opportunity for the auditor to obtain the minimum amount of audit evidence, which is both sufficient and appropriate, in order to form valid conclusions on the population. Audit sampling can also reduce the risk of ‘over-auditing’ in certain areas and enables a much more efficient review of the working papers at the review stage of the audit. There are multiple forms of audit sampling, including: random sampling, systematic sampling, monetary unit sampling, haphazard selection, and block selection.

This seminar will focus on the requirements of ISA 530 Audit Sampling in particular, sampling risk and the various methods of sampling. Furthermore, the seminar will also focus on practical ways the auditor performs and documents audit sampling.


Thursday 10th December 2020


08:45hrs – 12:15hrs

CPE Accreditation:

3 core hours


Kris Bartolo & Janice Lyn Schembri