Risk assessment is one of the major steps in the audit‐planning process. The increase in the number of incidents of … auditors′ negligence has focused attention on this important step. Risk is defined in a statement by the Internal Auditing … risk can be faulty decisions as a result of utilizing inaccurate or incomplete information; inappropriate accounting …

against the risk factors. The aim of this article is to present theoretical and practical (on the basis of the examined … exposure to risk. The applied research methods are based on the method of conceptual analysis of the literature on the examined …

, financial statements analysis, ratios and trends analysis, non-financial data analysis and risk identification. External and … includes organization policies and procedures, control environment and corporate governance. Risk identification consist of … various audit risk areas of BEXTEX, like – inherent risk, control risk and detection risk …

We examine whether internal auditing provides value to organizations by reducing risk. We compare the changes in risks … importance of an internal audit while holding constant changes in risk due to the organization and time period. Based on ratings … from the heads of audited and non-audited units, we find that managers of audited units perceive a greater decline in risk …

the market are confronted with. Risk is present in all the actions and event of humanity. Risk is in a permanent change … intern. In the last few years, the importance of the corporate governance involvement in risk management is more and more … acceptable level. In the same time, using integrated risk management procedures and politics at enterprise level (ERM …

against the risk factors. The aim of this article is to present theoretical and practical (on the basis of the examined … exposure to risk. The applied research methods are based on the method of conceptual analysis of the literature on the examined …