ISA 400 Risk Assessments and Internal Control is one of the International Standards on Auditing. It serves to require the auditor to understand the client's accounting system and internal control system and to assess control risk and inherent risk .

Recent studies in the literature on the concepts of risk, control and auditing of AIS outline two approaches: (1) a professional approach in which we can fit ISA, COBIT, IT Risk, COSO and SOX, and (2) a research oriented approach in which we emphasize research on continuous auditing and fraud using information technology.

An addition to ISA 200, Objective and General Principles Governing an Audit of Financial Statements; The approved Standards replace the following existing ISAs: ISA 310, Knowledge of the Business; ISA 400, Risk Assessments and Internal Control; ISA 401, Auditing in a Computer Information Systems Environment

AUDITING RISK ASSESSMENTS AND internal control ISA 400 358 Introduction 1. The purpose of this INTERNATIONAL STANDARD on AUDITING (ISA) is to establish standards and provide guidance on obtaining an understanding of the accounting and internal control systems and on audit risk and its components: inherent risk, control risk and detection risk.

2017年3月21日 · Inherent Risk: It is the possibility that the balance of an account or a class of transactions by its nature, contains errors of relative importance, individually or jointly. Control Risk: It is the possibility that the internal control system of a company does not prevent or detect, and correct in a timely, a significant error.

2012年8月21日 · 186 isa 400 accounting and internal control isa 400 会计和内部控制 187 isa 402 audit considerations relating to entities using service organisations 与正在使用的个体有关的 isa 402个审计考虑服务组织 ...

ISSAI 400 - Compliance Audit Principles builds on and further develops the fundamental principles of ISSAI 100 to suit the specific context of compliance auditing. ISSAI 400 should be read and understood in conjunction with ISSAI 100, which also applies to compliance auditing.

Detail a proposal and include your top Three (3) principal priorities for the modernization and update of Country X’s C2 network. Explain and provide a convincing case why the priorities you’ve identified are critically important and should be considered first. [3 pts.]

The document defines audit risk according to ISA 400 as the risk that an auditor expresses an inappropriate audit opinion when financial statements are materially misstated. Audit risk is a combination of inherent risk, control risk, and detection risk.

ISA 400 Risk Assessments and Internal Control is one of the International Standards on Auditing. It serves to require the auditor to understand the client's accounting system and internal control system and to assess control risk and inherent risk .