Explain briefly what is meant by the auditors desired level of audit risk and how it relates

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Explain briefly what is meant by ‘the auditor’s desired level of audit risk’ and how it relates to the auditor’s desired level of assurance.

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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Question Posted: Jan 27, 2024 11:01 PM

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Explain briefly what is meant by the auditors desired level of audit risk and how it relates

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The auditors desired level of audit risk is the acceptable level of risk that the auditor is willing ...View the full answer

Principles Of External Auditing

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