1. Do the professional auditing standards require or support the use of non-statistical sampling for substantive testing? Explain the circumstances in which non-statistical sampling might be used? 2....

1. Do the professional auditing standards require or support the use of non-statistical sampling for substantive testing? Explain the circumstances in which non-statistical sampling might be used?

2. Discuss the advantages and disadvantages of the PPS method. How does this method differ from the classical methods in terms of audit objective? How does the selection of a sample differ between the classical variables sampling and PPS sampling? What are the potential implications of this difference on the detection of understatements in the population?