ACC 491 Week 4 DQ 1

May 8th, 2015
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ACC 491 Week 4 DQ 1

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What are some of the different types of sampling methods that are available to the auditor? How does the auditor decide which method to use? How will the different methods affect the audit?When performing audit, the auditor has the choice to go for statistical sampling or non-statistical sampling or both of them. Both sampling methods are efficient in providing the auditor with sufficient appropriate audit evidence about the financial statements and both audit sampling methods require that the auditor practice his judgment in planning and executing his plan and come out with the results.

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