All you need to know about audit sampling - …（所有你需要知道的关于审计抽样,u2026）.pdfVIP

All you need to know about audit sampling (Relevant to AAT Paper 8 – Principles of Auditing and Management Information Systems and Paper III PBE Auditing and Information Systems) David Chow FCCA, FCPA, CPA (Practising) The purpose of audit sampling is to provide a reasonable basis for the auditor to draw conclusions about the population from which the sample is selected. This article defines audit sampling, discusses when audit samples should be applied, looks at audit risks associated with sampling and the implications of sample size, and compares the statistical sampling approach with the non-statistical sampling approach. To conclude, the article considers how results from sample tests can be evaluated. Audit sampling Audit sampling is the application of audit procedures to less than all the items within a population of audit relevance such that all sampling units have a chance of being selected, in order to provide the auditor with a reasonable basis on which to draw conclusions about the entire population. Readers should note that a sampling unit is not necessarily a monetary unit; it can be a physical item. For instance, a sampling unit can be an individual debtor balance, which is a monetary unit. On the other hand, a sampling unit can be an invoice or even an accounting entry, which are physical items. Determine whether audit sampling is necessary In practice, auditors may perform their tests on all items, specific items, and audit samples. In general, auditors are unlikely to test all items in the case of tests of controls, unless they are using computer assisted auditing techniques. Full testing in this case is impractical due to both the time and cost involved. It is more usual to do a full examination on tests of details. For