Audit Sample Size Calculator. Determining sample size takes some patience and the use of a calculator or statistical tables. The website details are listed at the end of this.
The internal auditor should design and select an audit sample perform audit procedures and evaluate sample results to obtain sufficient reliable relevant and useful audit evidence to. Population Size Probability of Success Confidence Copyright The Research Advisors 2006. Adjusting the sample size.
The smaller the sample size the greater the sampling risk11 Nonsampling risk includes all the aspects of audit risk that are not due to sampling.
Select the Confidence Level you want to work at. You open a client workbook within the software and choose a command such as calculate sample size. Audit sampling is used to provide factual evidence and a reasonable basis to draw conclusions about a population from which a sample is selected. Copyright 2006 The Research Advisors.
