a) Judgmental sampling
This is also called non-statistical sampling. It involves using experience and knowledge of client’s
business and circumstances to select and taste a sample without using any mathematical of or
statistical tools. The auditor does not rely on probability theory and uses judgment in making
sampling decisions.
b) Statistical sampling.
This involves two steps;
i. Use of random selection to pick a sample.
ii. Use of probability theory to determine the sample size, evaluate quantitatively the sample results and measure sampling risk. Statistical sampling differs from non statistical sampling in that the auditor uses probability theory to measure the sampling risk and evaluate the sample results.
Wilfykil answered the question on April 11, 2019 at 14:00
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