In most cases, an audit of accounts payable would use the non-statistical approach, which includes random sampling, block sampling, haphazard sampling or systematic sampling.

For years the IRS disallowed statistical sampling methods to account for M&E. However, in revenue procedure 2004-29, it has set the standards to permit statistical sampling for determining these ...

J. M. Sully, Statistical Sampling in Auditing, Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 23, No. 1, Statistical Investment Analysis ...

Richard G. Krutchkoff, A Supplementary Sample Non-Parametric Empirical Bayes Approach to Some Statistical Decision Problems, Biometrika, Vol. 54, No. 3/4 (Dec., 1967), pp. 451-458 ...