SA 530: Audit Sampling :

The Standard applies when the auditor has decided to use audit sampling in performing audit procedures. It also deals with the auditor’s use of statistical and non-statistical sampling when designing and selecting the audit sample, performing tests of controls and tests of details, and evaluating the results from the sample. This SA also deals with the requirements relating to sample design, size and selection of items for testing, performing audit procedures, nature and cause of deviations and misstatements, projecting misstatements and evaluating results of audit sampling.