Auditguru Auditguru Frequently Asked Questions(FAQ) Auditguru Auditguru

Soft Copy of Notes will be provided for all our courses till lockdown.
Due to complete lockdown our services will be restricted

 Meet Us Here
ShubhamShubham asked 12 months ago
1 Answers
RaviRavi Staff answered 12 months ago

auditor does sampling, all units selected are showing strong controls and no misstatement but in population there are many problems with controls and there are misstatements, that means sample selection has errors, it is not representing population 
if such error happens auditor will controls are good and no misstatement so it will lead to over reliance on controls , incorrect acceptance that population is not misstated 

Call Back Request