2026-05-10T08:08:42.959Z http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai

ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai:1:8857 2022-06-03T11:10:49Z 1

Monetary Unit Sampling Using Msexcel–Automation in External Auditing 2020 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/1/8857 https://portal.finiz.singidunum.ac.rs/paper/42574 M. Todorović М. Перић Keywords: external audit, CAATT, MSExcel, Monetary-Unit Sampling, stratification Abstract: In the preparatory phase of auditing the client, a proper assessment of materiality is necessary, since it determines the scope of population testing. Furthermore, determining the proper model and the type of population sampling ensures that the real business of the entity will be shown in the financial statements. Depending on their size, audit companies use different tools in their work. The largest audit companies (“Big Four”) use expensive software, while small and medium-sized audit companies use tools that they can develop or acquire, depending on their capabilities. In this paper, we discuss the viability of small and medium companies using Excel to implement features present in General auditing software. Two processes – stratification and monetary unit sampling are provided as examples. conferenceObject 78 82 https://doi.org/10.15308/finiz-2020-78-82 Univerzitet Singidunum