audit sampling discussion

Project Description:

watch this nine-minute video summarizing audit sampling (video can be found here: the captioned version of this video can be found here.

discuss the importance of selecting a sample that may be considered representative of the entire population. consider these questions: what is the first step in the process of selecting a sample? are there occasions where the sample selected does not represent the entire population?

then, post on how auditors evaluate risk in relation to sample size. do risks change depending on the size of the sample? what happens when auditors find misstatements that are above the expected deviation rate?

short discussion board posting needed. about 3 paragraphs. needed in the next two hours.
Skills Required:
Project Stats:

Price Type: Fixed

Project Budget: $0 to $10
Total Proposals: 3
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