Page 28 - PowerPoint Presentation

GENERAL PRINCILES OF AUDITING

AUIDIT SAMPLING (ISA 530) (Continued…)

• Refer to page 5/28 of Auditing Notes for a

comprehensive list of definitions for the following

terms;

• Audit Sampling Anomaly

• Population

• Sampling Risk

• Non-sampling risk

• Sampling unit

• Statistical sampling

• Stratification

• Tolerable rate of deviation

• Tolerable misstatement

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