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ASA 530 - Audit Sampling - October 2009
Sample Design, Size and Selection of IteSample Design, Size and Selection of Items for Testing
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Sample Design, Size and Selection of Items for Testing
- When designing an audit sample, the auditor shall consider the purpose of the audit procedure and the characteristics of the population from which the sample will be drawn. (Ref: Para. A4-A9)
- The auditor shall determine a sample size sufficient to reduce sampling risk to an acceptably low level. (Ref: Para. A10-A11)
- The auditor shall select items for the sample in such a way that each sampling unit in the population has a chance of selection. (Ref: Para. A12-A13)