20AU-C 530 Audit Sampling


AU-C 530 offers guidance for using audit sampling when performing audit procedures. However, AU-C 530 is not just for statistical samplers. It applies equally to nonstatistical and statistical sampling. (AU-C 530.01) Either approach to audit sampling, when properly applied, can provide sufficient evidential matter. In addition, the Section establishes specific requirements essential for proper application.


Source: AU-C 530.05. For definitions related to this standard, see Appendix A, “Definitions of Terms”: Audit sampling (sampling), Nonsampling ...

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