performing the audit work: audit risk and materiality. Differences between international and US guidance would imply that the two …

Highlights that the multiplicative risk model which forms the basis of auditing standards in both the USA and the UK … only considers the risk of incorrect acceptance of an account balance. Points out, however, that when planning audit tests …, the auditor also faces a risk of incorrect rejection of the sample under consideration if an unrepresentative sample is …

One of the major components of an audit plan is risk assessment. Risk factors vary among organizations, and internal … auditors must review their own organizational cultures to determine audit exposure. In order to minimize the risk, the internal … phase of a study which aims to identify the relevant risk factors and rank the relevant auditable activities in terms of …

and planned results, which means that risk levels used in ex post decision making may be different from planned levels …. Contrasts a conventional strategy — which is to fix the risk of incorrect acceptance at a planned level and to ignore the risk … of incorrect rejection or to accept the minimum available level of that risk which is consistent, after the fact, with …

Purpose This study aims to measure the extent of voluntary risk disclosure and examine the relationship between … corporate governance firm level quality in the form of board characteristics and ownership concentration’s impact on risk … risk disclosure. Further, multiple linear regressions have been applied to find out the relationship between corporate …

systematic risk, as measured by beta, and expected share returns. The CAPM attempts to describe this relationship by using beta … describe and explain the risk/return relationship. However, other risk factors (i.e. other than beta) may also be useful for …

management in reducing the risk of repudiation to an acceptable level, by providing a framework of recommended internal control …

experience potential losses more intensely than potential gains, and will be more risk‐seeking in loss situations, while more … risk‐avoiding in gain situations. This study includes 948 participants from the PRC and 318 students from the USA. All of … subjects consistently demonstrated risk‐seeking preferences, both in gain and loss situations.  …