ow first we calculate misstatement as per sample value categories as follows:- Stratum/Category...

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Accounting

ow first we calculate misstatement as per sample value categories as follows:-

Stratum/Category 1, >$75,000 includes only one misstatement as $26,003

Now, Estimation of total amount of misstatements in account receivable population:-

how were projected misstatement calculated

Stratum Sample value (a) Sample Book value (c) Projected Misstatement
1 1287643 26003 1287643 26003
2 1349678 15565 4348268 50145.88029144729
3 94637 5825 947682 58330.75488445323
TOTAL 2731958 47393 6583593 134479.63517590053

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