Block 3 - Risk Assessment Flashcards
1
Q
Audit risk
A
2
Q
Inherent risk
A
3
Q
Complexity
A
4
Q
Reporting Requirements
A
5
Q
Subjectivity
A
6
Q
Estimates
A
7
Q
Legal changes
A
8
Q
Economic Changes
A
9
Q
Management bias
A
10
Q
Fraud
A
11
Q
Conditions
A
12
Q
Control risk
A
13
Q
Detection risk
A
14
Q
Professional scepticism
A
15
Q
Professional judgement
A
