risk of detection

См. также в других словарях:

• Risk assessment — is a common first step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of… …   Wikipedia

• Risk factors for breast cancer — Risk factors of breast cancer may be divided into preventable and non preventable. Their study belongs in the field of epidemiology. Breast cancer, like other forms of cancer, is considered to result from multiple environmental and hereditary… …   Wikipedia

• Detection Risk — Detection Risk, in auditing, is the risk that the auditing procedures used will not find a material misstatement in the financial statements of the company being audited.ee also*Risk Assessment *Inherent risk *Control Risk …   Wikipedia

• Detection theory — Detection theory, or signal detection theory, is a means to quantify the ability to discern between signal and noise. According to the theory, there are a number of determiners of how a detecting system will detect a signal, and where its… …   Wikipedia

• Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… …   Wikipedia

• Detection Risk — The chance that an auditor will not find material misstatements relating to an assertion in an entity s financial statements through substantive tests and analysis. Detection risk is the risk that the auditor will conclude that no material errors …   Investment dictionary

• detection risk — The *risk that the *misstatement of items in *financial statements may not be found through an auditor’s *substantive and Compliance tests. Detection risk is considered alongside *inherent risk and Control risk as one of three components of… …   Auditor's dictionary

• detection risk — The risk that an auditor will fail to detect any misstatements that have occurred. Unlike the control risk and the inherent risk, the level of the detection risk can be directly controlled by the auditor, who can modify his or her programme of… …   Accounting dictionary

• audit risk — 1. In external auditing, the *risk of giving an inappropriate *audit opinion on the *fair presentation of an organization’s *financial statements. The *sampling of transactions and the *compliance testing of controls cannot offer cast iron… …   Auditor's dictionary

• control risk — 1. The *risk that items in financial statements are *misstated as a result of problems in an organization’s *internal control systems. Control risk is considered alongside *inherent risk and *detection risk as one of three components of external… …   Auditor's dictionary

• inherent risk — The *risk that items in financial statements are *misstated. Inherent risk is considered alongside *control risk and *detection risk to be one of three components of external *audit risk (definition 1). The term is sometimes also used in the… …   Auditor's dictionary