SOX Sampling 3107
nonuSOX last edited by
I have a problem.
We have control whose freq was ‘As Occurs’ we reviewed the population in Round 1 and determined it to be a weekly control (5 samples). We are going back in Round 2 but the external auditors are saying that you need to review the population once more and determine your updated sample size.
Do we need to re-evaluate all controls (All As Occur) controls and determine their updated sample size at each round? Or do we stick with our Round 1 value and test the whole year based on that annualization?
kymike last edited by
You should reevaluate the frequency at each test date to ensure that you have an appropriate sample selected.