21 May WHAT IS THE IMPORTANCE OF DEFINING THE POPULATION WHEN PERFORMING AUDIT PROCEDURES?
What is the importance of defining the population when performing audit procedures? How would defining the population affect the sample size? How would incorrectly defining the population affect the sampling unit?
How does the auditor evaluate the results of audit procedures? What types of qualitative factors might the audit consider when encountering an error? How might the results affect the audit conclusion?
Week 5
Individual Ch. 11 & 13 Textbook Exercises
Resources: Ch. 11 & 13 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare written answers to the following assignments from Modern Auditing: Assurance Services and the Integrity of Financial Reporting:
Ch. 11: Learning Checks 11-6, 11-8, & 11-9
Ch. 13: Learning Check 13-8
Individual Final Examination
Resources: Auditing & Assurance Services and Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare for your final examination.
Learning Team Audit Sampling Case Memo and Presentation
Resources: Ch. 13 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting
Prepare a 1,400- to 1,750-word memo to the Audit Partner, John Smith, summarizing your findings from the following case found in Ch. 13 of Modern Auditing: Assurance Services and the Integrity of Financial Reporting:
Case 13-36 – Mt. Hood Furniture—PPS Sampling Problem
Format your memo consistent with APA guidelines.
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