AUDIT SAMPLING CASE MT. HOOD FURNITURE - ACC490
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AUDIT SAMPLING CASE MT. HOOD FURNITURE Name ACC490 Instructor namePage 2
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OVERVIEW ◼ Purpose ◼ Findings ◼ Objectives of Audit ◼ Sample Size ◼ Scenario ◼ Probability Proportionate Size Sample ◼ Accuracy Testing ◼ Projected Population Misstatement ◼ ConclusionPage 4
PURPOSE ◼ Fairly presentation of inventory assertion ◼ Determine value of inventory ◼ Utilize inventory sample ◼ Sample size ◼ Case scenario ◼ PPS sample ◼ Elucidate testsAUDIT SAMPLING CASE MT. HOOD FURNITURE Name ACC490 Instructor name OVERVIEW ◼ Purpose ◼ Findings ◼ Objectives of Audit ◼ Sample Size ◼ Scenario ◼ Probability Proportionate Size Sample ◼ Accuracy Testing ◼ Projected Population Misstatement ◼ Conclusion PURPOSE ◼ Fairly presentation of inventory assertion ◼ Determine value of inventory ◼ Utilize inventory sample ◼ Sample size ◼ Case scenario ◼ PPS sample ◼ Elucidate tests