Guide to Audit Sampling (CPE Course)

CPE Credit: 3 hours

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $30

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Course Description
Auditors can save vast amounts of time by applying the concepts of audit sampling to their audit engagements. The Guide to Audit Sampling course explores the circumstances under which sampling can be used, how to properly set the parameters for sampling, determine the correct sample size, and examine the results. Following the guidance in this course can improve one’s audit efficiency, while avoiding incorrect judgments regarding client misstatements.

Author: Steven Bragg

Course Number: AU1021

Learning Objectives

  • Recognize the different types of audit sampling.

  • Identify the characteristics of statistical and nonstatistical sampling.

  • Specify the different types of risks associated with auditing.

  • Recognize the issues associated with extracting a sample from a population.

  • Identify the efficiencies that can be gained while conducting audit sampling.

  • Identify the topics to include in the documentation of audit sampling.

  • Specify the indicators of fraud that may appear during audit sampling.

  • Recognize the circumstances under which a misstatement is extended to an entire population.

  • Specify the factors that can alter the size of a sample.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Auditing

Prerequisites: A basic understanding of statistics.

Advance Preparation: None

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.


AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.