Hello, I need help with attached assignment. Thank you

You are the auditor for a company and need to review the company's accounts receivable using probability proportional to size (PPS) sampling. In addition, the board of directors has requested that you and your team present an explanation of your PPS process at its next monthly meeting. Individual Portion: Use the following company data and the PPS Sampling Tables 1 & 2: The recorded book value of these accounts is $3,460,000. The company has a tolerable error of $63,460. The anticipated error is $13,000. The risk of incorrect acceptance is 5%. The acceptable number of overstatements of misstatements is 2. Use probability proportional to size (PPS) sampling to do the following: A. Determine the reliability factor. B. Determine the correct expansion factor. C. Determine the sample size you should use. D. Determine the sampling interval you should use. Please add your file. Group Portion: With your team of analysts, create a PowerPoint presentation of 7-10 slides to explain the following to the board of directors: E. The objective of using probability proportional to size sampling (PPS) to test account balances F. Specifically, how you used PPS to test this company's account balances G. The purpose of the sample size and the sampling interval Please add your file. Hello, This is how to perform these calculations: A. Reliability Factor is determined using a reliability factor table, with a risk of incorrect acceptance of 5% and 0 overstatements (for the purposes of determining sample size and sampling interval) Reliability factor = 3.0 B. Expansion Factor is determined using an expansion factor table, given risk of incorrect acceptance of 5% Expansion factor = 1.6 C. Sample size = (Book value of population * Reliability Factor)/(Total misstatement-(Expected misstatement*Expansion factor)) where: Book value of population = $3,460,000 Reliability Factor = 3.0 (from part A) Total misstatement (or tolerable error) = $63,460 Expected misstatement (or anticipated error) = $13,000 Expansion factor = 1.6 (from part B) D. Sampling interval = Book value of population/Sample size where: Book value of population = $3,460,000 Sample size = answer from part C I hope this helps you with your calculations. Thanks for using Brainmass