Audit Sampling - Principles, Methods & Best Practice

Introduction

In auditing, the term sample is often used to describe the specific items selected for testing. This short webinar explores the distinction between sampling and selection and how these concepts influence the evaluation of misstatements and judgments regarding the sufficiency of audit evidence.

Understanding this distinction is crucial - not only to avoid over-auditing - but also to ensure that the evidence gathered is sufficient and reliable.

This webinar will also cover key considerations for determining appropriate sample sizes and examine the various approaches auditors can use to select a sample effectively.

What You Will Learn

This webinar will cover the following:

• Key differences between sampling and selection in audits
• How misstatements and evidence sufficiency are assessed
• Principles for determining sample sizes
• Methods for selecting samples efficiently
• Avoiding common pitfalls in audit sampling

This pre-recorded webinar will be available to view from Thursday 12th March 2026

Alternatively, you can gain access to this webinar and 2,101 others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.