KPMG Data Analysis Tools MUS Routines 7.02

KPMG Data Analysis Tools MUS Routines, developed by the KPMG Global Desktop Team, is a desktop utility that streamlines Monetary Unit Sampling (MUS) for audit and assurance engagements. It helps practitioners design statistically sound samples, evaluate detected misstatements, and produce audit-ready documentation with consistent methodology.

Key capabilities:

• Guided MUS workflow: define the population, set sampling parameters (materiality, tolerable misstatement, expected misstatement, confidence level), and generate a reproducible sample.
• Selection methods: probability-proportional-to-size (PPS) systematic selection with a random start, interval calculation, and optional stratification for larger or risk-weighted populations.
• Evaluation and projection: tainting calculations, most likely misstatement and upper misstatement estimates, and clear projection of errors to the population.
• Data integration: import from Excel/CSV and export samples, parameters, and results to standardized workpapers and reports.
• Quality and transparency: embedded assumptions, parameter summaries, and an audit trail to support review and re-performance.

By automating complex MUS routines and standardizing outputs, the tool helps teams save time, reduce manual errors, and increase the reliability and consistency of sampling across engagements.

KPMG Data Analysis Tools MUS Routines is developed by KPMG Global Desktop Team. The most popular version of this product among our users is 7.0.

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