IMPROVING AUDIT SAMPLING EFFICIENCY THROUGH RISK-BASED STRATIFICATION IN THE INTERNAL AUDIT OF BUDGETARY ORGANIZATIONS
DOI:
https://doi.org/10.5281/zenodo.21177736Keywords:
audit sampling, stratification, risk zone, risk matrix, budgetary organization, economic classification of expenditures, sampling efficiency, public audit, ISA 530, ISSAI 1530.Abstract
The article addresses the issue of improving audit sampling efficiency by stratifying the audited
population according to the economic classification of expenditures and risk zones in the audit of budgetary
organizations. The research problem is that the widely used “fixed-percentage” approach ignores the risk
level of expenditures. The study applies a systematic approach, grouping methods, a risk matrix, scoring, and
conditional modelling. As a result, a six-stage methodology is developed that systematically combines risk
analysis with stratification. The author’s scientific contribution lies in substantiating a methodology adapted to
public audit criteria, in which the risk level, rather than value alone, is used as the main stratification criterion.
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