1. What is Audit Sampling Software? Audit sampling software is a specialized tool that helps auditors select, evaluate, and document samples from large populations of transactions or data. It applies statistical and non-statistical methodologies to draw conclusions about an entire population without testing 100% of the items.
✅ – Logs all selections, exclusions, and evaluation steps
✅ – Automatic splitting into high/medium/low value bands
✅ – Input risk, tolerable error, expected error, population size
✅ – One-click workpaper generation (Word, PDF, Excel)
✅ – Projects errors to the population with upper error limits
