The Methodical Approach to Selective Research in Audit

Abstract

The research is aimed at developing a methodical approach to the attributed selective study, which will provide timely identification of errors in the process of document formation, as well as developing proposals to reduce the level of possible deviations. A generalization of the studies on the audit sample indicates the lack of common opinion and approach to the use and practical application of selective methods in the audit. In terms of methodical approach the purpose, tasks, stages of formation of the attributed selective research are defined by means of the statistical method, allowing to establish a sample volume and the upper limit of accuracy according to the stratification of a sample. The calculations of the upper limit of the confidence interval for the determined deviation share, depending on the number of deviations and the permissible error, are presented. Prospects for further research in this direction are development of an approach to monetary selective researches in the audit.

Keywords

• general aggregate
• attributed sample
• permissible error
• expected share of deviations
• upper limit of accuracy