- This topic has 1 reply, 2 voices, and was last updated 9 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
ISA 315 states that auditors should understand the entity and its environment sufficiently to identify and assess risk of material misstatements in financial statements. It divides total audit risk in inherent risk, control risk and detection risk.
Identify the factors that would cause detection risk and control risk explaining clearly how the factors identified will cause the risk.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.