I would want to know the meaning of "susceptibility" in relation to audit
I got this from the definition of inherent controls that is
Inherent risk is the "susceptibility" of an assertion about a class of transaction account balance and disclosure to misstatement which could material either individually or when aggregated before consideration of related controls
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What is the Meaning of "Susceptebility"
It doesn't have a special meaning in audit - it is just "normal English" meaning.
See here https://www.merriam-webster.com/dictionary/susceptibility
Synonyms for susceptible include "exposed" and "vulnerable" - so in audit we might say for example that cash is more susceptible to fraud than non-current assets (because cash is liquid and portable) or that share capital is not susceptible to misstatement (because it's generally fixed and doesn't change from year to year and also for many well-established businesses it's not even material in relation to other balances).
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