MCDMStatistical Sampling Methods

Monetary Unit Sampling

Monetary Unit Sampling (MUS) is a statistical sampling method widely used in audit substantive testing that selects individual dollar amounts from an account population rather than individual transactions. This approach is particularly effective for testing the correctness of financial statement balances because large-dollar items are automatically included more frequently in the sample, making it efficient for detecting material misstatements.

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Sources

  1. American Institute of Certified Public Accountants (AICPA). (2015). Audit Sampling. AU-C Section 530. AICPA Professional Standards. link
  2. Leslie, D. A., Teitlebaum, A. D., & Anderson, R. J. (1982). Dollar unit sampling: A practical guide for auditors. Copp Clark Pitman. link

Related methods

Referenced by

ScholarGateMonetary Unit Sampling (Monetary Unit Sampling for Substantive Testing in Auditing). Retrieved 2026-06-04 from https://scholargate.app/en/accounting/monetary-unit-sampling