Why should the auditor consider client business risk when determining audit risk?

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Auditing The Art and Science of Assurance Engagements

ISBN: 978-0133405507

13th Canadian edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

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Question Posted: Dec 22, 2016 09:46 AM

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Why should the auditor consider client business risk when determining audit risk?

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The target audit risk is used to help determine the level of field work As client busines...View the full answer

Auditing The Art and Science of Assurance Engagements

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