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Finance · Professional · Corporate

ASEPFM

Audit Sampling: From Engagement Planning to Execution

Finance

Professional level

10 Modules

30 Topics

Corporate

In-house or live virtual

Certification

Blue Ocean Academy certificate

CORPORATE

ASEPFM

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Certified by
Blue Ocean AcademyBlue Ocean Academy

Corporate training terms and scheduling policies apply

About the ASEPFM Program

Audit sampling decides how much testing is enough and how confident the conclusion can be. The program takes internal audit and finance teams from engagement planning through sample design, selection, testing and evaluation of results. Participants work with statistical and non statistical methods, set tolerable error, and record sampling decisions so they hold up on review. Delivered in-house or live virtual, using the audit plans and controls the team already works with.

What You Will Learn

  • Understand the role of sampling in audit evidence
  • Prepare an engagement with sampling needs in mind
  • Evaluate statistical and non statistical sampling options
  • Apply risk and tolerable error to sample size
  • Implement attribute and variables sampling methods
  • Assess sample results and project likely misstatement
  • Produce documentation that supports the sampling judgment

What you take away

Skills You'll Build

Sample design

Risk based planning

Statistical sampling

Audit documentation

Core Topics

Audit Evidence and SamplingEngagement Planning EssentialsRisk Assessment for SamplingStatistical and Judgmental SamplingAttribute Sampling for ControlsVariables Sampling for BalancesSample Size DeterminationSelection Methods and RandomnessEvaluating Sample ResultsDocumentation and Review Files

Who Is This Program For?

Internal auditors

Test smarter with defensible sample sizes

External audit staff

Apply sampling methods with confidence

Finance controllers

Review audit findings with real understanding

Risk and compliance teams

Build evidence that stands up

Audit managers

Review sampling judgments consistently

Shared services supervisors

Check high volume transactions efficiently

What's Included?

  • Delivery at your premises or live virtual for your audit team
  • Participant workbook with sampling worksheets and templates
  • Exercises run on your own audit programs and controls
  • Certificate of completion issued by Blue Ocean Academy
Blue Ocean Academy

Blue Ocean Academy

Corporate training terms and scheduling policies apply

Course Outline

10 Modules
  • Sufficient and appropriate evidence
  • Where sampling fits
  • Limits of sampling

Every participant receives a Blue Ocean Academy certificate of completion

Choose How You Learn

Showcase Your Finance Expertise

Every participant receives a Blue Ocean Academy certificate that can be verified by their employer. Corporate clients receive a completion report for the whole cohort.

Digital Certificate

Verifiable Credential

Professional Recognition

Cohort Completion Report

Certificate of Achievement

Corporate training

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