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Inherent Risk plz help

 
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Inherent Risk plz help
Ali Akbar
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#2
03-09-2006, 04:31 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by fatima ca</i>
<br />hi
i need help on inherent risk.
[?]"inherent risk the susceptibility of an assertion to misstatement assuming that there is no related controls"
i m confuse that y? it is said that there is no related control? what does it mean by?
plz any body help me?[)]


hmm
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Becouse had there been related control, this risk would have fallen into control risk. As the control risk is separately defined,explaining the loopholes of related controls.

ICAPians, the unparalleled..
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Messages In This Thread
Inherent Risk plz help - by fatima ca - 03-09-2006, 04:25 AM
[No subject] - by Ali Akbar - 03-09-2006, 04:31 AM
[No subject] - by Ali Akbar - 03-09-2006, 04:38 AM
[No subject] - by fatima ca - 03-09-2006, 05:20 AM
[No subject] - by Ali Akbar - 03-10-2006, 02:33 AM
[No subject] - by fatima ca - 03-10-2006, 11:36 PM

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