About this document
Understanding Audit Sampling Risks by Ma Ruby II Santos is a document available to read on EtoBox.
Audit sampling involves applying audit procedures to less than 100% of a population to provide a reasonable basis to draw conclusions about the entire population. There are two main approaches - statistical and non-statistical. The auditor is primarily concerned with risks affecting audit effectiveness, such as the risk of incorrect acceptance in substantive tests, as they are more likely to lead to an inappropriate audit opinion.
- Author
- Ma Ruby II Santos
- Language
- EN