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Why This Course?

It is not uncommon to hear auditors extending their audit fieldwork timeline due to inability to complete testing of the audit samples selected. Question has also been raised on the ideal or appropriate number and even types of samples to be taken since the audit is supposed to provide reasonable and not absolute assurance.

 

The arduous task of sampling and testing could be even more challenging in a business process with high transaction volumes processed and retained in the IT system.

 

If you are facing the same dilemma, this course will  help you to overcome this issue & embrace the methodology and approach to make the smart and efficient decision on sampling. Also, be exposed to why many successful Corporate Assurance teams are adopting the mindset of using sampling to confirm findings rather than find findings!

Learning Outcomes

More targeted in the control review and testing

Improved understanding on the rationale and purpose for taking samples

Better approach in selecting types and volume of samples

Reduced time in audit testing (no more ‘testing for the sake of testing!’)

Target and focus of audit testing decided upfront (Audit Planning stage)

Easier to manage changed condition and scenario faced during audit testing

Curriculum

Revisit IPPF : Practice Advisory 2320-3 on Audit Sampling

Purpose of Sampling : To Discover Findings or Confirm Findings?

Using RCM to Ease Sampling Approach and Size

Determining the Right Sample and Methods to Select Sample

What is the Ideal Sample Size?

When is Sample Not Required?

Compliance Auditing : The Approach to Determine Types of Samples and Size

Introductory Price Plan

Chooseone of these mode of learning

On-Demand Animated Learning

Unavailable

  • Animated Videos (Special link to access)
  • Reading Materials (pre-course)
  • Learning Reinforcement for individual modules
  • Test Your Knowledge (post-course)
  • LIVE Q&A Session with the trainer (post-course) 
  • Summary Report  (optional)
  • Course Completion Certificate
Individual: RM

Live Webinar

Unavailable

  • Live Webinar Session (including case studies and Q&A session)
  • Reading Materials (pre-course)
  • Learning Reinforcement for individual modules
  • Course Completion Certification

*There will be short breaks and lunch allocated at appropriate intervals

 

Individual: RM

Classroom

Unavailable

  • Face-to-face Learning (including case studies and Q&A session)
  • Reading Materials
  • Learning Reinforcement for individual modules
  • Course Completion Certificate
Individual: RM
Individual RM RM RM
Group Price Structure
No. of Participants Fee Per Participants
(On-Demand Animated Learning)
Fee Per Participants
(Live Webinar)
Fee Per Participants (Classroom)
2-5
6-10
11-15
16-20

For groups of more than 20 person, please email us at hello.learninghub@centegy.com.my

Trainer's Profile

Steven Yee is a professional member of the IIA (Institution of Internal Audit) Malaysia and MICPA (Malaysian Institute of Certified Public Accountants). He obtained his professional training in the Assurance and Business Advisory unit of PwC Malaysia from 1993–2003. He is the founder and Managing Director in Centegy Governance Consulting Group, a boutique consulting firm that provides a range of Governance, Risk & Control (GRC) Assurance services to corporations in the ASEAN region.

Steven has headed various IA, Risk and Compliance functions in different industries with reporting lines to Board Audit & Risk Management Committees and CEOs over the past 15 years. Through his practical experience and passion, he brings an appreciation of the disciplined approach and innovation required to deliver consistent and insightful assurance results to the clients. Steven is also a seasoned and enthusiastic trainer on GRC related subjects in the region and is a panel trainer with the IIA Malaysia since 2005.

Related Courses

Enrolment Form

Sampling Technique for Internal Auditing and Compliance Review : “How Many Sample is Enough?”

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    For groups more than 10, please email to hello.learninghub@centegy.com.my

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    Enrolment and Fee

    Malayan Banking Berhad (3813-K)

    Ground Floor, Wisma Sime Darby, Jalan Raja Laut

    50350 Kuala Lumpur, Malaysia (SWIFT CODE: MBBEMYKL)

    Bank a/c no: 5142 9913 1738 (Centegy Governance Advisory Sdn Bhd) 

     

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    Disclaimer 

    The organiser reserves the right to make any amendments that it deems to be in the interest of the event without any notice.