Audit Risk and Audit Evidence: The Bayesian Approach to Statistical Auditing

This is an advanced text aimed at students and researchers in universities and at practicing audit managers in accounting firms. Based on research in the United States, it applies Bayesian statistical techniques to the management ofrisk in auditing procedures. Clearly written and well-presented, the book avoids the use of advanced mathematics to make its case for the use of Bayesian methods in sampling.