When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Both state and federal tax examiners regularly use sampling and estimation in their tax audits. While sampling in an audit can be a convenient time-saver for both taxpayers and examiners, it is ...

Editor: Greg A. Fairbanks, J.D., LL.M. This item discusses the Sec. 41 research credit and how statistical sampling can be used to efficiently satisfy the four-part test that governs whether research ...

Probability Sampling Types: Probability sampling is a statistical technique in which every member of the population has a known, non-zero chance of being selected. It helps reduce bias and ensures the ...

Many healthcare providers feel that UPIC audits often fall short, with flawed sampling and extrapolation techniques that dramatically exaggerate overpayment findings, exposing providers to undue ...