audit sampling

Audit sampling is a technique used by auditors to examine a small, representative portion of a larger set of data or transactions. Instead of reviewing every single item, auditors select a sample that reflects the whole. This helps them draw conclusions about the entire dataset's accuracy and compliance. By analyzing this smaller group, they can identify patterns, discrepancies, or areas of concern, making the audit process more efficient while still ensuring reliable results. This method balances thoroughness with practicality, allowing auditors to save time and resources while providing quality assurance.