A MODEL FOR INTEGRATING SAMPLING OBJECTIVES IN AUDITING.

Abstract

The four sampling objectives in auditing - representative, corrective, protective, and preventive - are described. A model of the population to be sampled is developed which stratifies the population along two independent dimensions; estimated error rate and reported dollar value. This model enables one to identify the value of sampling in a given stratum for each of the auditor's objectives. A simple overall sampling procedure is suggested when little prior information is available to the auditor while non-linear and goal programming models are developed when the auditor can provide good estimated of population parameters. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1969
Accession Number
AD0693437

Entities

People

  • Robert S. Kaplan
  • Yuji Ijiri

Organizations

  • Carnegie Mellon University

Tags

DTIC Thesaurus Topics

  • Auditing
  • Computer Programming
  • Goal Programming
  • Sampling

Fields of Study

  • Mathematics

Readers

  • Computational Modeling and Simulation
  • Government Contracting/Procurement.
  • Regression Analysis.