What question did this study set out to answer?

The aim is to explain how regression analysis can help auditors determine the optimal sample size for effective audits.

Regression Analysis as a Means of Determining Audit Sample Size: A Comment.

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Comments on regression analysis aiding auditors in optimizing sample size for significant findings.

The aim is to explain how regression analysis can help auditors determine the optimal sample size for effective audits.
Discussion of regression analysis and Bayesian methods for auditing.
Evaluation of internal control subsystems and compliance tests.
Substantive tests including analytical reviews and investigations of anomalies.
Regression analysis allows for significantly smaller sample sizes than classical methods.
Auditors can focus on accounts likely to yield important audit findings through this approach.
Encourages development of audit models that utilize additional information.

Kinney et al. (1976) studied this question.

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