Audit Chapter 4

Factors Influencing Sample Size — Tests of Controls

Factors Influencing Sample Size — Tests of Details

Factors to Consider When Using Substantive Analytical Procedures (SAP)

Materiality Levels in Audit Sampling

Performing Audit Procedures on Sample, Replacing Items, and Projecting Misstatements

Projecting Misstatements on Population (Audit Sampling)

Related Party Relationships — Control, Significant Influence & Auditor Responsibilities (SA 550)

Restrictions and Preconditions for Using IAF Direct Assistance

SA 500 / SA 530 – Selecting Items for Testing: 100% Examination, Specific Items, and Audit Sampling

SA 500 – Appropriateness of Audit Evidence: Reliability and Relevance

SA 500 – Audit Evidence: Meaning, Includes, and Types (by Nature and Source)

SA 500 – Sufficient Audit Evidence: Quantity and Influencing Factors

SA 500 – Types of Audit Procedures (Inspection, Observation, Recalculation, Reperformance, Inquiry)

SA 501 — Completeness of Litigation and Claims

SA 501 — Existence and Condition of Inventory

SA 501 — Presentation and Disclosure of Segment Reporting

SA 505 – External Confirmation

SA 510 – Initial Audit Engagement and Opening Balances

SA 510 – Opening Balances: Factors and Consistency of Accounting Policies

SA 520 Analytical Procedures — Overview and Objectives

SA 520 – Analytical Procedures: Evaluating Expectations and Investigating Results

SA 520 — Purpose and Timing of Analytical Procedures

SA 530 – Audit Sampling: Overview, Statistical vs Non-Statistical Sampling

SA 530 – Audit Sampling: Sample Design, Population Stratification, and Value-Weighted Selection

SA 550 — Related Party Transactions: Definition and Identification

SA 610 — Using Work of Internal Auditors

Sampling Methods

Selecting Specific Items in Audit Testing

Steps When Using Analytical Procedure as a Substantive Test

Techniques for Substantive Analytical Procedures