Audit Fundamentals Transistor (https://transistor.fm) https://feeds.transistor.fm/audit-fundamentals Audit Fundamentals explores the principles, standards, and real-world practices behind accounting and auditing. Each episode breaks down essential audit topics — including risk assessment, internal controls, audit evidence, financial reporting, and professional standards — through practical conversations and clear explanations that make complex concepts easier to understand. © 2026 Meredith Mednick 2b518653-7a2d-5695-818a-3fe397ee17b0 yes Meredith Mednick, CPA, CA en Wed, 05 Aug 2026 06:00:15 -0700 Wed, 05 Aug 2026 06:02:38 -0700 https://img.transistorcdn.com/cjHD2VSbYo3r9lingiLpkvBkbT2YhQBEJ-xi2z1vCmA/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84MGVh/MDE4Nzg1MmNkZmNl/MDE4NmM4YTMyMWYw/MWE0Zi5wbmc.jpg Audit Fundamentals episodic Meredith Mednick Audit Fundamentals explores the principles, standards, and real-world practices behind accounting and auditing. Each episode breaks down essential audit topics — including risk assessment, internal controls, audit evidence, financial reporting, and professional standards — through practical conversations and clear explanations that make complex concepts easier to understand. Audit Fundamentals explores the principles, standards, and real-world practices behind accounting and auditing. Earmark Media No No Audit Evidence 3 3 Audit Evidence full 385d98c1-5807-4f86-af4e-41498913fe07 https://share.transistor.fm/s/7de80903 Not all evidence is created equal, and knowing the difference is what separates a workpaper that holds up from one that gets sent back. Meredith Mednick, CPA, walks through the full evidence framework: sufficiency and appropriateness, the reliability hierarchy, audit procedures, and how to connect the evidence you gather to the assertions you're actually testing. Grounded in a running client scenario, this episode sharpens the judgment that good auditors rely on every day.


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LinkedIn: https://www.linkedin.com/in/meredithmednick/

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This podcast is a production of Earmark Media

]]> Not all evidence is created equal, and knowing the difference is what separates a workpaper that holds up from one that gets sent back. Meredith Mednick, CPA, walks through the full evidence framework: sufficiency and appropriateness, the reliability hierarchy, audit procedures, and how to connect the evidence you gather to the assertions you're actually testing. Grounded in a running client scenario, this episode sharpens the judgment that good auditors rely on every day.


Connect with Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> Wed, 05 Aug 2026 06:00:00 -0700 Meredith Mednick Meredith Mednick 2385 Not all evidence is created equal, and knowing the difference is what separates a workpaper that holds up from one that gets sent back. Meredith Mednick, CPA, walks through the full evidence framework: sufficiency and appropriateness, the reliability hierarchy, audit procedures, and how to connect the evidence you gather to the assertions you're actually testing. Grounded in a running client scenario, this episode sharpens the judgment that good auditors rely on every day.


Connect with Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> audit evidence, audit workpapers, reliability hierarchy, audit procedures No Meredith Mednick, CPA, CA Audit Assertions 2 2 Audit Assertions full 06106a97-c4f5-45a3-a07c-8a8b7141b339 https://share.transistor.fm/s/f1805b66 Audit assertions are the foundation of everything you do on an engagement, but ask ten auditors to explain them clearly and you'll get ten different answers. Meredith Mednick, CPA cuts through the noise with a plain-language walkthrough of the full framework: transaction-level and balance-level assertions, each anchored to a concrete example and connected directly to audit risk and procedure design. Whether you're building the foundation or filling in the gaps, this episode makes the framework click.


Connect with Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> Audit assertions are the foundation of everything you do on an engagement, but ask ten auditors to explain them clearly and you'll get ten different answers. Meredith Mednick, CPA cuts through the noise with a plain-language walkthrough of the full framework: transaction-level and balance-level assertions, each anchored to a concrete example and connected directly to audit risk and procedure design. Whether you're building the foundation or filling in the gaps, this episode makes the framework click.


Connect with Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> Wed, 29 Jul 2026 06:00:00 -0700 Meredith Mednick Meredith Mednick 2234 Audit assertions are the foundation of everything you do on an engagement, but ask ten auditors to explain them clearly and you'll get ten different answers. Meredith Mednick, CPA cuts through the noise with a plain-language walkthrough of the full framework: transaction-level and balance-level assertions, each anchored to a concrete example and connected directly to audit risk and procedure design. Whether you're building the foundation or filling in the gaps, this episode makes the framework click.


Connect with Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> transaction-level assertions, balance-level assertions, audit risk, audit procedure design No Meredith Mednick, CPA, CA Audit Sampling 1 1 Audit Sampling full db6e85ba-8bd8-4801-b998-60d4af3d15d6 https://share.transistor.fm/s/d50e97b5 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 Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> 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 Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> Fri, 26 Jun 2026 22:00:00 -0700 Meredith Mednick Meredith Mednick 1976 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 Meredith

LinkedIn: https://www.linkedin.com/in/meredithmednick/

Earn CPE for Listening to This Podcast
https://www.earmark.app/

This podcast is a production of Earmark Media

]]> tolerable misstatement, tolerable deviation rate, sampling risk, audit skills No Meredith Mednick, CPA, CA Thanks for Subscribing Thanks for Subscribing bonus e9e7cb1d-eefb-423b-9239-5bf5d3909d8c https://share.transistor.fm/s/c1622e60 Thu, 28 May 2026 17:53:04 -0700 Meredith Mednick Meredith Mednick 12 No Meredith Mednick, CPA, CA