CORAA University · Tool

Audit Sampling Calculator

Determine statistically valid sample sizes per SA 530 — for attribute, systematic, and monetary unit sampling.

Sampling Parameters

5,000
50100,000
2%
0%10%
5%
1%15%

Confidence Level

Sampling Method

84
Required Sample Size
60
Sampling Interval
1.7%
Coverage Rate

Recommended Approach

Random sampling requires 84 items selected using a random number generator from a population of 5,000. Each item has an equal probability of selection. Use CAATs or random number tables to select sample items.

Quick Reference: Sample Sizes by Population

Population90% Conf.95% Conf.99% Conf.
100498087
50072176250
1,00077213358
5,00081253476
10K82260498
50K83267517
100K83268520

Based on expected error rate of 2% and tolerable error rate of 5% (attribute sampling).

SA 530 Note: Per SA 530, professional judgement should supplement statistical calculations. The auditor should consider the nature of the population, stratification opportunities, and specific engagement risks when determining final sample sizes. These calculations provide a starting point, not a definitive answer.

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