Sampling based on Caseware

Price:
R1359.30 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Probeta Training
Duration:
390 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Whether testing controls for operating effectiveness or the detail to substantiate account balances, a major part of an audit includes selecting items for testing.The Caseware audit methodology has specific templates to assist the auditor in selecting items for testing and to document the findings of these tests. ProBeta has developed a one day session which explains the methodology of selecting items and the documentation thereof.

The course content includes the following:
• Principles of sampling and applying the Caseware audit methodology to sampling
• ISA 530: Audit sampling
• Different types of sampling
• Selecting items for control tests
• Selecting items for substantive tests (detail tests).

By completing this practical course, delegates would be able to:
• Select items for testing the operating effectiveness of control activities, using the Caseware audit methodology
• Select items for testing the detail of account balances and transactions using the Caseware audit methodology - Conclude on the results of audit procedures from items selected in terms of the Caseware audit methodology