Can I read Understanding Audit Risk (ISA 400) on EtoBox?
Understanding Audit Risk (ISA 400) by dennychiwarah is a document available to read on EtoBox.
What is Understanding Audit Risk (ISA 400) about?
The document defines audit risk as the risk that an auditor expresses an inappropriate audit opinion when financial statements are materially misstated. Audit risk is a combination of inherent risk, control risk, and detection risk. Auditors plan audit engagements based on the level of audit risk they hope to achieve, with the goal of an inverse relationship between audit risk and error detection.
- Author
- dennychiwarah
- Language
- EN