When auditing financial statements, it is not feasible to audit and check every single item within the financial statements. It will be very costly and will take a lot of resources and time to do so. Audit sampling enables auditors to make conclusions and express fair opinions based on predetermined objectives without having to check all of the items within financial statements.
Considering the need of auditors, robust sampling tool is developed to help an auditor to get samples that are more relevant and analysed considering the standard requirements.
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