CAS 530: Audit Sampling
Requirements for designing audit samples, evaluating results, and projecting misstatements.
Why CAS 530 matters
Sample selections that the auditor rejects mid-fieldwork are pure rework. Auditus.ai builds the sample frame before fieldwork.
Framework: Canadian Auditing Standards (CAS)
CAS are the auditing standards adopted by the Auditing and Assurance Standards Board (AASB) of CPA Canada. They are Canadian adoptions of the IAASB's International Standards on Auditing (ISAs) and govern every audit of financial statements performed in Canada.
Primary source: FRAS Canada
Frequently asked
What is CAS 530?
Requirements for designing audit samples, evaluating results, and projecting misstatements.
Why does CAS 530 matter for an audit?
Sample selections that the auditor rejects mid-fieldwork are pure rework. Auditus.ai builds the sample frame before fieldwork.
Which framework does CAS 530 belong to?
CAS 530 falls under Canadian Auditing Standards (CAS). CAS are the auditing standards adopted by the Auditing and Assurance Standards Board (AASB) of CPA Canada. They are Canadian adoptions of the IAASB's International Standards on Auditing (ISAs) and govern every audit of financial statements performed in Canada.
Related standards — Canadian Auditing Standards (CAS)
- CAS 200 — Overall Objectives of the Independent Auditor
- CAS 210 — Agreeing the Terms of Audit Engagements
- CAS 220 — Quality Management for an Audit of Financial Statements
- CAS 230 — Audit Documentation
- CAS 240 — The Auditor's Responsibilities Relating to Fraud
- CAS 250 — Consideration of Laws and Regulations
See how Auditus checks CAS 530
Auditus.ai runs PCAOB, ISA, and CAS engagements end-to-end and cites the exact standard behind every finding — including CAS 530.