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A comparison of the stratified difference estimator with some monetary†unit sampling estimators

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  • ULRICH MENZEFRICKE
  • WALLY SMIELIAUSKAS

Abstract

. This paper extends some of the analysis reported in Duke, Leitch and Neter (1985) by comparing their “best†estimator with some new monetary unit procedures. Our finding is that some monetary unit sampling techniques compare favorably to the most efficient classical sampling techniques even when diffuse priors are used. Résumé. Cet article élargit quelques†uns des éléments d'analyse signalés par Duke, Leitch et Neter (1985) en procédant à la comparaison de leur «meilleur» estimateur à quelques nouveaux procédés en unités monétaires. Nous constatons que quelques techniques d'échantillonnage en unités monétaires se comparent favorablement aux techniques les plus efficaces en échantillonnage classique, même lorsque des préalables diffus sont utilisés.

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  • Ulrich Menzefricke & Wally Smieliauskas, 1987. "A comparison of the stratified difference estimator with some monetary†unit sampling estimators," Contemporary Accounting Research, John Wiley & Sons, vol. 4(1), pages 240-251, September.
    • Handle: RePEc:wly:coacre:v:4:y:1987:i:1:p:240-251
    DOI: 10.1111/j.1911-3846.1987.tb00666.x
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    References listed on IDEAS

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    1. Felix, Wl & Grimlund, Ra, 1977. "Sampling Model For Audit Tests Of Composite Accounts," Journal of Accounting Research, Wiley Blackwell, vol. 15(1), pages 23-41.
    2. Duke, Gl & Neter, J & Leitch, Ra, 1982. "Power Characteristics Of Test Statistics In The Auditing Environment - An Empirical-Study," Journal of Accounting Research, Wiley Blackwell, vol. 20(1), pages 42-67.
    3. Grimlund, Ra, 1982. "An Integration Of Internal Control-System And Account Balance Evidence," Journal of Accounting Research, Wiley Blackwell, vol. 20(2), pages 316-342.
    4. Wally Smieliauskas, 1986. "Control of sampling risks in auditing," Contemporary Accounting Research, John Wiley & Sons, vol. 3(1), pages 102-124, September.
    5. Godfrey, J & Neter, J, 1984. "Bayesian Bounds For Monetary Unit Sampling In Accounting And Auditing," Journal of Accounting Research, Wiley Blackwell, vol. 22(2), pages 497-525.
    6. Menzefricke, U & Smieliauskas, W, 1984. "A Simulation Study Of The Performance Of Parametric Dollar Unit Sampling Statistical Procedures," Journal of Accounting Research, Wiley Blackwell, vol. 22(2), pages 588-604.
    7. Frost, Pa & Tamura, H, 1982. "Jackknifed Ratio Estimation In Statistical Auditing," Journal of Accounting Research, Wiley Blackwell, vol. 20(1), pages 103-120.
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    Cited by:

    1. Ulrich Menzefricke & Wally Smieliauskas, 1988. "On sample size allocation in auditing," Contemporary Accounting Research, John Wiley & Sons, vol. 4(2), pages 314-336, March.

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