Michael Caro, Jr., CPA, CFE authors article titled, 5 Risk Assessment Challenges for Audits in the Fall 2021 edition of New Jersey CPA. The article discusses five risk assessment challenges including: (1) Documenting inherent risk, (2) Sufficiently testing the controls (3) Using relevant assertion level (4) Assessing all significant audit areas, and (5) Providing proper documentation.  The article can be found on Pages 16 and 17 below:


continue reading

Related Posts

  • 187 words0.9 min read

    Ed Bond and Matt Schwartz named AIRA 2022 Distinguished Fellows […]

    Read More
  • 164 words0.8 min read

    Bederson Principal, Dave Gannaway to present on the tax implications […]

    Read More
  • 86 words0.4 min read

    Tax Associated, Cara DiLorenzo authors article on key documents needed […]

    Read More