Pregunta:
Define 'Audit Risk'.
Autor: Monique TylerRespuesta:
The risk that the auditor expresses an inappropriate audit opinion when the financial statements are materially misstated. Audit risk is a function of the risks of material misstatement and detection risk.” (Source—AU 200, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with [GAAS]. )
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