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

  • 59 words0.3 min read

    On January 2, 2023,  Accounting and Auditing Manager, Adam Koomer […]

    Read More
  • 189 words0.9 min read

    Bederson is pleased to announce its recent placement in New […]

    Read More
  • 1499 words7.6 min read

    Subchapter V: Lifeline for Small Business Debtors, not a Sinking […]

    Read More