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 ...

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 ...

WASHINGTON -- Aiming to target its audits better, the IRS intends a special random check this year of about 50,000 individual tax returns but will subject fewer people to the intense, face-to-face ...