Article: Inherent risk reconsidered

Dictionary definition: audit risk
A Dictionary of Accounting;      328 words ...audit risk The risk that an auditor fails to qualify ... not give a true and fair view. The audit risk consists of three components: the inherent risk (the likelihood of misstatements occurring ... multiplied together, gives a measure of the audit risk.

Article: AUDIT RISK
The Secured Lender;  January 1, 2005 ;     700+ words ... ... definition of audit risk. Audit risk: the risk that a field ... models used to describe audit risk. One such model allows ... concentrate on two elements of audit risk and then allows us to ... borrowers control both inherent risk and internal control ...

Article: Reducing the audit risk of government contractors. ...
The Practical Accountant;  March 1, 1995 ;     700+ words ... ... government present their own audit risk. Lengthy regulations ... translates directly into audit risk. An important consideration in assessing the audit risk is the auditor's knowledge ... factors of control risk and inherent risk that are peculiar to ...

Article: Audit Risk: Part Two
The Secured Lender;  March 1, 2005 ;     700+ words ... ... industry understand audit risk and have developed flexible ... be completed and the audit risk to be taken. Finally ... return to our model of audit risk and determine the physical ... us. Profile 1 : Low inherent risk and low internal risk ...

Article: THE "INHERENT RISK" DOCTRINE, AMATEUR COACHING ...
Northwestern University Law Review;  January 1, 2005 ;     700+ words ... ... with their respective sports.16 Traditional examples of "inherent risk" include physical contact, falling down, and fatigue ... resulting in the death of a student-boxer, was an "inherent risk" of amateur boxing.30 Since the coach's "otherwise ...

Article: Beanballs: an inherent risk in baseball.(Law ...
JOPERD--The Journal of Physical Education, Recreation & Dance;  April 1, 2007 ;     700+ words ... ... being intentionally hit with a pitch was also considered an inherent risk of the sport of baseball. The court cited that pitches intentionally ... The court ruled that being intentionally thrown at is an inherent risk in the sport of baseball, and the doctrine of primary assumption ...

Article: Wall Street Systems launches Credit Derivatives module and ...
M2 Presswire;  May 12, 2004 ;     700+ words ... ... Breakthrough in the ability to manage complex products and their inherent risk(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:05122004 ... advance in the ability to manage complex products and their inherent risk. The new Credit Derivatives module - available either as ...