Audit Leaders: Sampling analytical procedures
WINTER CPD SALE During this session we will explore different perspectives that you should be considering when applying sampling and analytical procedures.
**NOTE**The Audit Leaders series has been prepared in line with international audit and reporting standards. Those webinars that contain references to Australian standards (i.e., AASB, or ASA) are in line with international equivalents (IFRS, ISA and IAS).
Sampling and analytical procedures are inherent in any audit, but are you considering all the factors and applying these procedures differently for every engagement or are you applying the same method to every file?
How have your procedures changed with the increasing amount of data that the client can provide. Are you only considering prior year and current year when you're doing analytical procedures or are you identifying outliers?
During this session we will explore different perspectives that you should be considering when applying sampling and analytical procedures.
Upon satisfactory completion of this webinar series you will be able to:
- Illustrate the different sampling and analytical procedures that you could be applying to your audit files to gain efficiencies
- Summarise all levels of sampling and analytics you should be applying to your files
Attendees will have the tools to assist in maintaining quality audit engagements through the use of practical issues and examples.
Jackie Russell-Green is a Technical Associate with BDO. Jackie has over a decade of experience in financial reporting and specialises in the application of New Zealand equivalents to International Financial Reporting Standards and Public Benefit Entity Accounting Standards. Jackie’s clients have come from a wide cross-section of industries including not-for-profits, public sector (both central and local government), financial services, utilities, manufacturing, tourism and agriculture.
Topic: Audit & Assurance
Sub-Topic: Financial Statement Audit
Format: Recorded Webinar
Proficiency Level: Intermediate, Advanced
CPD: 1 hours