What are the factors that influence sample size when conducting substantive procedures? What influences an increase in the auditor’s assessment of desired level of assurance that tolerable misstatement is not exceeded by the actual misstatement in the population? Explain why effective stratification reduces sample size

Accounting Sep 18, 2020

What are the factors that influence sample size when conducting substantive procedures? What influences an increase in the auditor’s assessment of desired level of assurance that tolerable misstatement is not exceeded by the actual misstatement in the population? Explain why effective stratification reduces sample size.