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, ...

Reviewed by Michael J BoyleFact checked by Suzanne KvilhaugReviewed by Michael J BoyleFact checked by Suzanne Kvilhaug A simple random sample is a subset of a statistical population in which each ...

Try dropping the words "statistical sampling" while in conversation with a Republican politician and watch the sizzle. Why does such a nerdy blending of adjective and noun inflame GOP lawmakers like ...

here is very good news for CPAs whose clients face the often burdensome administrative costs of claiming allowable expense deductions for meals and entertainment (M&E)—the IRS now will permit the use ...