Why is it inappropriate to apply the audit risk model to business risk?

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 07, 2024 02:01 AM

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Why is it inappropriate to apply the audit risk model to business risk?

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The audit risk model is designed to assess the risk of material misstatement in the financial statements and guide the auditors planning and execution ...View the full answer

Auditing An Assertions Approach

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