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Match the appropriate terms from the list provided to the definitions. 1. Definitions: The risk that an auditor expresses an inappropriate audit opinion when
Match the appropriate terms from the list provided to the definitions. 1. Definitions: The risk that an auditor expresses an inappropriate audit opinion when the financial statements are materially misstated List of terms: 2. 3. The susceptibility of the financial statements to a material misstatement without considering internal controls The risk that a client's system of internal controls will not prevent or detect a material misstatement Significant Risk Audit Risk Assertion Detection Risk Inherent Risk Control Risk 4. 5. The risk that the auditors' procedures will not be effective in detecting a material misstatement should there be one An identified and assessed risk of material misstatement that, in the auditor's judgement, requires special audit consideration 6. Statement made by management regarding the recognition, measurement, presentation, and disclosure of items included in the financial statements >
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