Miller, Timothy C.; Cipriano, Michael; Ramsay, Robert J. - In: Managerial Auditing Journal 27 (2012) July, pp. 448-461
Purpose – The purpose of this paper is to examine whether auditors interpret the risk of material misstatement (RMM) in accordance with current standards' definition of inherent risk (IR). It is argued that controls should not be presumed when assessing inherent risk and that inherent risk...
