what is the audit risk in favour of an chartered accountant ?



what is the audit risk in favour of an chartered accountant ?..

Answer / lalit singh

The risk that an auditor will not discover errors or
intentional miscalculations (i.e. fraud) while reviewing a
company's or individual’s financial statements. There are two
general categories of audit risk – risk regarding assessment
of the financial materials and risk regarding the assertions
produced by evaluation of the financial materials.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Everything Else AllOther Interview Questions

Hey anyone got the previous question papers of SSC Mains for LDCs.If so please help.My Email id is Wizard_com2002@yahoo.com

0 Answers  


How we can attract the person who are taking the interviewes?

1 Answers  


This eastern hemisphere (large) stream of water has the same name as a tiny town in the Bluegrass State, and a fishing pond in the Sunshine State.

0 Answers  


what is interpersonal skills if interviewr ask about this how to tell?

0 Answers   IndusInd Bank,


Hi every buddy my name is phani kumar Really i have a big problem u guys should help me regarding this thing .My Friend attended for vizag Magament Trainee but the thing is he forgot the hallticket number and registration number papers .is there any chance to get the hall ticket number?

0 Answers  






during whose reign did the marathas reach maximum expansion

1 Answers  


how long would it take to make a meaningful contribution?

2 Answers  


how do i answer in hr interview if they ask why your percentage in academics is fluctuating( up and down)?

11 Answers   Accenture, Apps Associates, CTS, Deloitte, Informatica, MNC,


I am working in the field of steno cum secretary. Kindly tell me the main functions of the secretary.

0 Answers   Kingfisher,


if u'r working in GENPACT what macro-economic polcies will u adopt as an economist?

1 Answers   Genpact,


In whose memory National Youth Day is celebrated?

1 Answers  


what is the salary for clerk in bob? i just got appointment letter... the basic salary mentioned as 7200 + other allowances. I would like to know the total salary with all the allowances included.. anybody can help me out !!!

0 Answers  


Categories