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Scenario 2 During your winter break after your final exam, you join in A & K audit firm as an intern trainee for 2 months.

image text in transcribed Scenario 2 During your winter break after your final exam, you join in A & K audit firm as an intern trainee for 2 months. The time happens to be perfect for External Audit work and you are lucky enough to join a team wherein you will be getting a firsthand experience on Audit of a bank. As you are fresh from College, the Audit team manager asks you to share some knowledge on some of the Audit sampling techniques that would be relevant as part of Audit planning. Requirement: Compare some of the audit sampling methods that are applicable during an external audit. (15 marks)

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