When conducting an audit, there are various types of risk that must be assessed by the auditor
Fantastic news! We've Found the answer you've been seeking!
Question:
When conducting an audit, there are various types of risk that must be assessed by the auditor at all phases of the audit process. I have selected Freddie Mac as the industry for this discussion. Discuss how you will incorporate a risk assessment into your audit plan. Be sure to mention inherent risk, control risk, and detection risk.
Posted Date: