Open AccessDUS An Efficient, Effective Sampling Method
Author(s) -
Janet L. Colbert
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v2i4.6553
Subject(s) - sampling (signal processing) , sample (material) , computer science , audit , sample size determination , liberian dollar , statistics , accounting , mathematics , business , finance , chemistry , filter (signal processing) , chromatography , computer vision
Dollar unit sampling (DUS) is a statistical sampling method which is easy to understand and simple to apply on audit engagements. This article gives guidance on preliminary determinations that must be made in order to use DUS. It also illustrates how to figure sample size and select the sample members. Techniques to use in evaluating the results of DUS tests are provided. Finally, there is a discussion of factor to consider in deciding if DUS is the most appropriate sample method in a particular audit situation.