Audit Risk basically represents the risk that the auditor would wrongly conclude that the financial statements are?
Audit Risk basically represents the risk that the auditor would wrongly conclude that the financial statements are?
آڈٹ رسک بنیادی طور پر اس خطرے کی نمائندگی کرتا ہے کہ آڈیٹر غلط طور پر یہ نتیجہ اخذ کرے گا کہ مالی بیانات ہیں؟
Explanation
Audit Risk is the combination of the following 3 risks:
1. Control Risk
2. Detection Risk
3. Inherent Risk