This course covers sampling techniques in conjunction with performing a compliance audit based on the Uniform Guidance, and references to AU-C 530 Audit Sampling. Auditors should access this reference as well as the American Institute of Certified Public Accountants (AICPA) Audit Guide: Audit Sampling for in-depth technical examples to help meet compliance audit objectives.

 

This course reviews pertinent technical guidance to help auditors gain an understanding of sampling techniques in a compliance audit and uses real-world examples and case studies to reinforce key points along the way.

Learning Objectives
  • Recognize the auditor objectives when performing sampling within a compliance audit per the Uniform Guidance.
  • Discover the definitions of sampling terminology specific to compliance audits under the Uniform Guidance.
  • Recognize the sample selection methods and the auditor’s requirements when exceptions or deviations are found in a Uniform Guidance compliance audit.
Last updated/reviewed: August 21, 2023
8 Reviews (27 ratings)

Reviews

4
Anonymous Author
This course provides good explanations of statistical and non-statistical sample methods and how to document both the sampling method used but also the results of the sampling performed.

3
Member's Profile
This course was laid out well. It was easy to understand. The questions were directly related to the course material.

5
Anonymous Author
This course adequately covered sampling requirements and strategies in a logical manner that was easy to follow,

5
Anonymous Author
Course presents all I need to know about sampling requirements of the Yellow Book. Good review course for me.

5
Member's Profile
I like the author's presentation. He is actually kinda funny in the delivery of a somewhat dry subject.

5
Anonymous Author
This was a great course ........................................................................

4
Anonymous Author
Good overview and reminder of selection and sampling under Compliance audits.

3
Anonymous Author
It is good to go over the requirements and guidelines for sampling.

Prerequisites
Course Complexity: Advanced

No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Yellow Book: Uniform Guidance Part 6 – Sampling in a Uniform Guidance Compliance Audit4:00
  Authoritative Literature8:08
  From A High Level9:11
  Procedures Not Involving Sampling 9:31
  Basic Requirements10:17
  Determining Sample Size13:45
  Random Selection12:06
  Calculating Deviation Rate10:20
  Approaches To Project Compliance Results11:57
  Documenting Sampling and Conclusion7:26
CONTINUOUS PLAY
  Yellow Book: Uniform Guidance Part 6 – Sampling in a Uniform Guidance Compliance Audit Full Video1:36:41
SUPPORTING MATERIALS
  Slides: Yellow Book: Uniform Guidance Part 6PDF
  Yellow Book: Uniform Guidance Part 6 Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam