[biya14]

when audit risk is that an inappropriate audit opinion is given, that may be due to auditor is unable to detect material misstatement, so audit risk is just equal to detection risk,
then why audit risk is equal to inherent risk *control risk *detection risk .??

[biya14]

Any example plz

[biya14]

P/E ratio method is market based method for business valuation and according to this P/E=market price/earnings
and when market price have to be found then the formula will be
market price(value)=P/E* Earnings .
my question is that, which earnings will be used , profit after tax or profit after interest or tax.?

[biya14]

thank you so much sir

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