Discuss the risk of over-reliance and the potential implications for an audit.

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Discuss the ‘risk of over-reliance’ and the potential implications for an audit.

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Modern Auditing

ISBN: 9780471230113

1st Edition

Authors: Graham Cosserat

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Question Posted: May 05, 2024 05:01 AM

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Discuss the risk of over-reliance and the potential implications for an audit.

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The risk of overreliance in an audit refers to the potential danger of the auditor relying too heavily on the effectiveness of a clients internal controls without conducting sufficient substantive tes...View the full answer

Modern Auditing

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