Assume that you are a member of an audit team and that your firm has recently been examining the way it approaches sampling during the audit process....

Assume that you are a member of an audit team and that your firm has recently been examining the way it approaches sampling during the audit process. You have recently attended a staff development session on sampling techniques and your audit manager has requested that you provide him with a briefing paper that outlines the advantages and disadvantages of statistical and non-statistical sampling. Your advice should contain a conclusion on the most appropriate approach that the audit firm should adopt. You must have a introduction, body and a conclusion