• Home
  • eLearning
  • Statistical Sampling for Tests of Controls Section H: Estimation Sampling - eLearning

Statistical Sampling for Tests of Controls Section H: Estimation Sampling - eLearning

This activity is presented by Audit Smarter.

To confirm the member price please use the discount code camember5pc.

Note: It is assumed that you are familiar with the content of the modules Statistical Sampling Tests of Controls Section B: Statistics and Tying Sample Size to Audit Risk and Statistical Sampling Tests of Controls Section C: Multiple Statistical Sampling Methods before commencing this module.

This e-learning module explains how to estimate the error rate in a population where the expected error rate is unknown.

Course Module available for 30 days after purchase.


This attribute sampling method is relevant for first-time audits or consulting work where you don’t know the expected error for the population, but you need to find out.

In this module you will explore the assumptions applicable to the Estimation sampling method and determine when to apply this method in an audit context.

You will learn how to perform this method using the EZ-Quant software and explore some sensitivity analysis when changing your sampling parameters in keeping with the level of risk you are willing to accept.

At the end of this activity you will be able to: 

  • Define appropriate usage of the Estimation sampling method. 
  • Determine if this method fits your audit population. 
  • Perform scientific projection of errors to the population. 
  • Conduct sensitivity analysis to see the effect of changing the planning parameters. 
  • Interpret results and write up conclusions.


You will understand when and how to apply the Estimation sampling method in an audit context, so that you can use the right sampling tool for the right job.


Topic: Audit & Assurance

Sub-Topic: Financial Statement Audit, Internal Audit

Format: eLearning

Proficiency Level: Foundation, Intermediate

CPD: Upto 0.75 hours