Application of the Sampling Selection Technique in Approaching Financial Audit
Journal Title: Academic Journal of Economic Studies - Year 2018, Vol 4, Issue 1
Abstract
In his professional approach, the financial auditor has a wide range of working techniques, including selection techniques. They are applied depending on the nature of the information available to the financial auditor, the manner in which they are presented - paper or electronic format, and, last but not least, the time available. Several techniques are applied, successively or in parallel, to increase the safety of the expressed opinion and to provide the audit report with a solid basis of information. Sampling is used in the phase of control or clarification of the identified error. The main purpose is to corroborate or measure the degree of risk detected following a pertinent analysis. Since the auditor does not have time or means to thoroughly rebuild the information, the sampling technique can provide an effective response to the need for valorization.
Authors and Affiliations
Victor Munteanu, Monica Petruta Zamfir (Maaliky), Cristian Florian Florea
Keywords
Related Articles
- EP ID EP268525
- DOI -
- Views 101
- Downloads 0
Analysis of the Correlation between the Fodder Receipts and the Economical Performances of the Pig Breeding Units
Respecting the European Union normative regarding the average weight of carcasses processed in the slaughter-houses, as well as the quality of the delivered meat, impose the search for the optimum variants for pig breedi...
Economic Performance of NUTS 3 Regions in the Slovak Republic
Evaluation and self-evaluation of public administration in the conditions of the Slovak Republic has been currently applied only in limited extent. Selected aspects of public administration operation are evaluated throug...
Do We Have or Need a Two Speed Europe?
Flexible/differentiated integration represented by two speed Europe, Europe of concentric circles and other related concepts have been used after Maastricht due to the fact that not all Member States entered monetary uni...
The Contribution of Computer Assisted Auditing Techniques (CAAT) and of the Business Intelligence Instruments in Financial Audit
The process of selecting, analyzing and structuring the most relevant information is not an easy task for the financial auditor to look for the most appropriate tools. In the absence of information systems, the auditor t...
Effect of Communication Process on Customer Satisfaction in Improving Customer's Retention
This study aims to analyze the communication process, consumer satisfaction that led to increased consumer retention. The method used in this research is survey approach. This type of research is descriptive quantitative...