ASA 530 - Audit Sampling and Other Means of Testing - April 2006
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ISSN 1833-4393
CONTENTS
PREFACE
AUTHORITY STATEMENT
Paragraphs
Application.................................. 1-2
Operative Date................................ 3
Introduction.................................. 4-5
Definitions.................................. 6-15
Audit Evidence............................... 16
Risk Assessment Procedures....................... 17
Tests of Controls............................... 18-20
Substantive Procedures.......................... 21
Risk Considerations in Obtaining Audit Evidence......... 22-23
Audit Procedures for Obtaining Audit Evidence.......... 24
Selecting Item for Testing to Gather Audit Evidence....... 25-27
Selecting All Items............................. 28
Selecting Specific Items.......................... 29-30
Audit Sampling................................ 31
Statistical versus Non-Statistical Sampling Approaches..... 32-34
Design of the Sample............................ 35-38