John and Renee have just finished their first audit and have met to discuss what they learned. John mentions to Renee that he was particularly interested in the sampling techniques used in the audit, both statistical and non-statistical. Renee agrees, and asks John if any auditor judgment is involved in statistical sampling techniques. What should John's reply be to this?
There isn't really much difference between statistical and non-statistical sampling techniques. For instance, they both rely on mathematical models.
The main difference between statistical and non-statistical sampling techniques is the application of strict generally accepted auditing standards to statistical sampling techniques.
Both statistical and non-statistical sampling rely on the application of auditor judgment to some degree.
Both statistical and non-statistical sampling rely on the application of similar auditor procedures to audit the population and attempt to detect misstatements.