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response to increased detection risk

Former userFormer user4y ago

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KimKimTutor4y ago#1
SEE the depiction of the audit risk model in Chapter 9 - ToCs assess the operating effectiveness of controls which is the determinant of control risk which is a component of RoMM. This is unrelated to the increase in DR that arises because the client is NEW - i.e. we didn't audit the opening balances of the current year's financial statements.
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