Sampling risk
id:
sampling-risk-310-3190298
title:
Sampling risk
text:
Sampling risk is one of the many types of risks an auditor may face when performing the necessary procedure of audit sampling. Audit sampling exists because of the impractical and costly effects of examining all or 100% of a client's records or books. As a result, a "sample" of a client's accounts are examined.
Due to the negative effects produced by sampling risk, an auditor may have to perform additional procedures which in turn can impact the overall efficiency of the audit. Sampling risk rep
brand slug:
wiki
category slug:
encyclopedia
description:
Chance that sampled data is misleading
original url:
https://en.wikipedia.org/wiki/Sampling_risk
date created:
date modified:
2024-01-10T08:43:57Z
main entity:
{"identifier":"Q7410167","url":"https://www.wikidata.org/entity/Q7410167"}
image:
fields total:
13
integrity:
14