Control Procedures

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August 31, 2024 5 min read Definitions

Attributes Sampling: Overview and Application

Statistics Auditing Attributes-Sampling Compliance Tests Audit Methods Statistical Sampling Control Procedures

Attributes Sampling is a statistical method used by auditors to determine the proportion of a population possessing a specific attribute without examining the entire population.

August 31, 2024 4 min read Definitions

Compliance Tests: Assessing Control Procedures Effectiveness

Auditing Accounting Finance Compliance Testing Auditing Control Procedures Substantive Testing Internal Controls

Compliance tests are essential audit processes used to assess the effectiveness of a company's control procedures. The outcome influences the extent of substantive testing required.