- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
.
- Posts
Sir when looking at chapter 6 in BPP, there are a lot more then what you explain in the lecture for audit risk.
For example :
Materiality, Understanding entity and its environment , Responding to the risk assessment, Law and regulations.
Are these in some other online lectures, or is it not important?Materiality is quite detailed in Chapter 5.
Understanding the entity is introduced in Chapter 8.
How the auditor responds to risk involves gathering sufficient, appropriate audit evidence (introduced in Chapter 10 and expanded on for each audit area from Chapter 16 onwards) – also evaluating internal control (Chapter 12).
Law and regulations is not as important as fraud (Chapter 25).Please use the search function to find topics in our notes, if not evident from the contents.
- You must be logged in to reply to this topic.