A comprehensive exploration of audit sampling, including both statistical and non-statistical selection processes, types, and applications in the auditing process.
Depth Tests are thorough assessments of an internal-control system's features, aiming to evaluate the system's compliance objectives through representative sampling.
Substantive Analytical Procedures are techniques used in auditing to gather evidence regarding the accuracy and completeness of specific account balances.
A judgment sample in auditing involves the determination by an auditor, based on personal experience and familiarity with the client, of the number and particular items to be examined in a population, ensuring objectivity and thoroughness in testing the sampled items for accuracy.
Test checking involves the examination of selected items in financial records to form an opinion on the accuracy of the entire account or financial record.
