When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Stratified mean-per-unit sampling is a key tool used by auditors. The popularity of this statistical procedure arises from its unique ability to produce trustworthy ...

Georgia will audit the signatures on mail-in ballot envelopes in one suburban Atlanta county, Secretary of State Brad Raffensperger (R) said Monday, a process he hopes will restore confidence in the ...

The term "audit" is one that conjures up fear in the minds of many taxpayers. An audit generally refers to the process used by the Internal Revenue Service to verify the information submitted by ...

An existent compliance plan not only detects incorrect coding practices, it may also be considered by some federal agencies when determining whether reasonable efforts were taken to avoid and detect ...

ATLANTA — Georgia’s Secretary of State says a randomized audit of voting machines in key counties has found no evidence of hacking or tampering. Secretary of State Brad Raffensperger told Channel 2′s ...

The reliance on statistical sampling is becoming an outdated risk in a data-rich world. UK audit firms must transition to full-population testing and continuous assurance, shifting the auditor's role ...