EPISODE · Jun 27, 2026 · 32 MIN

Audit Sampling

from Audit Fundamentals · host Meredith Mednick

Audit sampling doesn't have to be intimidating. Meredith Mednick, CPA, CA breaks it down into plain language - when it applies, statistical versus non-statistical methods, sample sizing and selection, and evaluating your results. Grounded in a running client scenario, this episode is built for auditors who want to understand the standard, not just survive it.(00:00) - Busy Season Panic (02:28) - What Sampling Is (04:37) - When Sampling Applies (05:58) - Meet Maple Ridge (06:50) - Statistical vs Judgmental (10:08) - How to Select Items (13:16) - How Big a Sample (16:50) - Midpoint Recap (18:10) - Execute the Sample (20:53) - Evaluate Misstatements (23:54) - Sampling Risk Explained (25:55) - Document It Right (27:58) - Impact on Audit Opinion (29:22) - Key Takeaways (31:24) - Where to Learn More (32:20) - Wrap Up and CPE Connect with MeredithLinkedIn: https://www.linkedin.com/in/meredithmednick/Earn CPE for Listening to This Podcasthttps://www.earmark.app/This podcast is a production of Earmark Media

Episode metadata supplied by the publisher feed · Published Jun 27, 2026

Embed this episode

Attribution link and audio player

NOW PLAYING

Audit Sampling

0:00 32:56

1×

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

GEO Podcast Gary Lewis, GEOetc.com A place to learn about geology for teachers, students, rock hounds, and geology enthusiasts - that comes out on Fridays!Gary Lewis is an Australian-born geologist who loves to share his passion for all things 'geology'. In the GEO podcast, Gary takes you on a journey to learn about rocks, minerals, earthquakes, volcanoes, glaciers and so much more. It does not matter if you have no experience in geology, Gary will help you to understand the fundamentals of our planet so you can have a greater understanding about when you see when visiting your backyard, your local creek, cliff or beyond. You can also join Gary as he runs Field Adventures (specialist travel experiences) to see parts of the world through the eyes of a passionate Earth scientist. Find out more at www.geoetc.com. Christian Nonprofit CFO David Beroth Financial leaders in ministries are often ill-equipped to address, let alone overcome, the many challenges they face. Too often they pivot from crisis to crisis, running on a tactical treadmill instead of proactively contributing strategic value to their nonprofits. Unfortunately, the full impact of their ministries suffer.It is time for this to change.Now.Paul says in Ephesians 4:12 that God gave leaders “for the equipping of the saints for the work of ministry, for the edifying of the body of Christ.” God wants to equip us so that we might significantly impact others. This is what this podcast is designed to do. While there are many firms with their corresponding podcasts that provide technical insight on audit, tax, and legal matters, there are few that provide insight on how to lead on a day-to-day basis to reach your nonprofit’s goals. This is what we are going to accomplish at Christian Nonprofit CFO.Come join me on this journey! Explore with me how we Clarity Thomson Reuters Institute Insights podcast Welcome to Clarity, a podcast powered by the Thomson Reuters Institute. In each episode, we dive deep into a single question from decision-makers and thought leaders from legal, corporate, tax, accounting & audit, and government communities. Grounding the conversation in the Institute's research and practice leads' domain expertise, in each episode, we sit down with a special guest or panel of experts from our community of partners, clients, and key leaders in each industry we serve. Talk to Prince Show - Solving World's Problems Prince Israel Zaar This podcast is a talk show based on the writings of American Multiversalist philosopher Prince Israel Zaar, his philosophy of Zaarrianism, Multiversalism, and Trianglerism. His philosophy is the philosophy of positive enlightenment, positive intelligence, positive creativity, positive productivity, positive energy, positive prosperity, positive humanity, positive growth, and positive causalities. Helping humans seek their path to Multiversal intelligence, and multiversalization is one of the fundamentals of this podcast.

Frequently Asked Questions

How long is this episode of Audit Fundamentals?

This episode is 32 minutes long.

When was this Audit Fundamentals episode published?

This episode was published on June 27, 2026.

Can I download this Audit Fundamentals episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.

URL copied to clipboard!