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Sarbanes-Oxley Act Forum: Forums

The Sarbanes Oxley Act :: View topic - Determine Sample Size
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Determine Sample Size

 
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hardi_raval
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Joined: Apr 19, 2010
Posts: 1
Location: India

PostPosted: Mon Apr 19, 2010 6:18 am    Post subject: Determine Sample Size Reply with quote

How to decide sample size for 3rd party supplier performance testing? Is it the contract value that determines the criteria for the sample or the business impact of the vendor on the organization?

Appricate your answer.

Thanks.
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harrywaldron
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Joined: Jan 12, 2006
Posts: 849
Location: Roanoke, Virginia

PostPosted: Fri Apr 30, 2010 12:00 pm    Post subject: Reply with quote

Hi and welcome to the forums icon_smile.gif Testing frequency and sampling sizes are based on Risk management principles. A likely to occur and severe exposure will require greater controls and more testing to ensure the financial control processes help mitigate risks.

There are lots of threads discussing this and suggest using the forum search facility looking at keyword: sampling ... I got over 50 threads
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