Section Introduction - ASA 530 - Audit Sampling and Other Means of Testing - April 2006 - Introduction

Introduction

4 The purpose of this Auditing Standard is to establish mandatory requirements and to provide explanatory guidance on the use of audit sampling and other means of selecting items for testing when designing audit procedures to gather sufficient appropriate audit evidence.

5 When designing audit procedures, the auditor shall determine appropriate means for selecting items for testing so as to gather sufficient appropriate audit evidence to meet the objectives of the audit procedures.

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