Sampling Techniques

Free CPA AUD (Auditing & Attestation) lesson in Performing Further Procedures and Obtaining Evidence. 15 min read, ~2,254 words.

AU-C 530 governs all audit sampling. Statistical and nonstatistical sampling are both acceptable when professional judgment is properly applied. Attribute sampling for tests of controls, measure deviation rate against tolerable rate. Variables sampling for substantive dollar tests, project misstatement against tolerable misstatement. MUS / PPS when overstatement is the concern...

What this lesson covers

• Content
• Example 1
• Common Mistakes
• Key Takeaways
• Exam Shortcuts

Learning objectives

• III.C1

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