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Listed entities. RoMM and Audit risk

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Listed entities. RoMM and Audit risk

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by Kim Smith.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 5, 2019 at 12:25 pm #551593
    Anonymous
    Inactive
    • Topics: 51
    • Replies: 52
    • ☆☆

    For evaluation of RoMM or Audit risk, Question1, being listed entities are applicable to both risk right? Becuase it is inherent risk.

    November 5, 2019 at 4:29 pm #551608
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8347
    • ☆☆☆☆☆

    Yes – I think you can infer that from page 57 – e.g. the additional reporting requirements imposed on listed entities increased inherent risk which is a component of ROMM and ROMM is a component of audit risk.

    November 6, 2019 at 1:15 pm #551692
    Anonymous
    Inactive
    • Topics: 51
    • Replies: 52
    • ☆☆

    Thank you 🙂

    November 7, 2019 at 6:44 am #551733
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8347
    • ☆☆☆☆☆

    You are welcome!

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Listed entities. RoMM and Audit risk’ is closed to new replies.

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