Instructor for this course
more

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: October 8, 2018

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 .
Course Syllabus
INTRODUCTION AND OVERVIEW
  4:00Introduction to Yellow Book: Uniform Guidance Part 6 – Sampling in a Uniform Guidance Compliance Audit
  8:08Authoritative Literature
  9:11From A High Level
  9:31Procedures Not Involving Sampling
  10:17Basic Requirements
  13:45Determining Sample Size
  12:06Random Selection
  10:20Calculating Deviation Rate
  11:57Approaches To Project Compliance Results
  7:26Documenting Sampling and Conclusion
CONTINUOUS PLAY
  1:36:41Yellow Book: Uniform Guidance Part 6 – Sampling in a Uniform Guidance Compliance Audit Full Video
SUPPORTING MATERIALS
  PDFSlides: Yellow Book: Uniform Guidance Part 6
  PDFYellow Book: Uniform Guidance Part 6 Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM