Accession Number : AD0693437

Title :   A MODEL FOR INTEGRATING SAMPLING OBJECTIVES IN AUDITING.

Descriptive Note : Research rept.,

Corporate Author : CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s) : Ijiri,Yuji ; Kaplan,Robert S.

Report Date : JUN 1969

Pagination or Media Count : 28

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)

Descriptors :   (*MANAGEMENT PLANNING AND CONTROL, *BUDGETS), COSTS, RECORDS, SAMPLING, ERRORS, NONLINEAR PROGRAMMING

Subject Categories : Administration and Management

Distribution Statement : APPROVED FOR PUBLIC RELEASE