``` Sampling is the application of audit procedures to less than 100% of the items within an accounts or class of transactions. Enables auditors to obtain & evaluate audit evidence about some characteristics of the item selected in order to make a conclusion concerning the population which makes up the account balance or class of transactions ```

Auditing Exam Flashcards by Keryn Brady

Audit Sampling

Sampling is the application of audit procedures to less than 100% of the items within an accounts or class of transactions.
Enables auditors to obtain &amp; evaluate audit evidence about some characteristics of the item selected in order to make a conclusion concerning the population which makes up the account balance or class of transactions

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