1. What is the difference between sampling risk and non-sampling risk?

2. Identify and describe the four types of sampling risk that may occur in audit sampling including how they occur and how they impact an audit

3. Identify the three methods of selecting the sample that are suggested in ASA 530 and explain how each is conducted.

4. How would you define the two types of events that occur after the reporting period? What are the potential accounting effects of each type?

5. What procedures should the auditor perform when a question arises regarding going concern?

6. Contrast the roles of audit managers and audit partners in the final review stage of the audit. Why would a firm require a second partner review?