Auditing: Defining the population when sampling
What is the importance of defining the population when performing audit procedures? How would defining the population affect the sample size? How would incorrectly defining the population affect the sampling unit?
Why do auditors find it necessary to use sampling? What are the risks associated with sampling? How might these risks affect the audit conclusion?
How does the auditor evaluate the results of audit procedures? What types of qualitative factors might the auditor consider when encountering an error? How might the results affect the audit conclusion?
Your tutorial is 762 words plus three references and gives examples of errors in defining populations, how this impacts audit results and how auditors use sampling to reach audit conclusions.
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