Estimating misstatement

Koen Derks

last modified: 19-11-2020

Estimation in an audit context

In audit sampling estimation the auditor tries to determine the unknown quantity of the misstatement \(\theta\) in the population as best as possible.

Frequentist estimation using the likelihood

This will be featured in a future version of jfa.

Bayesian estimation using the posterior distribution

This will be featured in a future version of jfa.