MODEL AUDIT FILE 2013

DPF 2.4 SAMPLING - OTHER INCOME

DPF 1.4 SAMPLING WORKSHEET

COMPONENT AUDITED: Other income

ASSERTION completeness / accuracy / classification

AUDIT PROGRAM(S) Refer to DPF 1.3 Audit programs

POPULATION ERVs (income receipts)
OVERALL PLANNING MATERIALITY 5,238.00 SP 1.
CONTROL RELIANCE (H; M or No reliance) No

Amount ($) WP reference

A. Total account balance 14,073.23 SP 2.1
B. Total amount of individually significant items 0.00

C. Unusual items (other than those in B) 0.00

Briefly describe the nature of the unusual items

D. Remaining balance of the population [A-B-C] 14,073.23

E. Percentage of coverage [(B + C) / A] 0%
F. Performance materiality (Tolerable 1,309.38
misstatement)

CONSIDERATION OF REMAINING BALANCE (identified as D above)

Determine and document additional tests need to be performed.
F. Performance
Select one or more of the following options: materiality (Tolerable
F. Performance
misstatement)
materiality (Tolerable Indicate option selected WP reference
misstatement)
1. No further tests to be performed. Yes

2. Applying analytical procedures. No

3. Testing more individually significant items No

4. Calculate sample size for remaining balance (complete the rest of the No
worksheet below)

CALCULATIONS OF SAMPLE SIZE WHEN SYSTEMATIC SAMPLING IS APPLICABLE

Based on the control reliance identified for the relevant component and assertion select the appropriate control reliance factor.

Reliance on controls High reliance Medium reliance No reliance

Control reliance factor 0.9 1.6 3.0

CONTROL RELIANCE FACTOR SELECTED 3

Sample size calculated 32

SAMPLE SELECTION METHOD Random