What is Inherent Risk?

What is Inherent Risk?

Leita Hart Fanta Leita Hart Fanta

Leita Hart Fanta

Podcast host

发布日期: 2021年7月20日
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In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “What Is Inherent Risk?” Inherent risk is all the bad stuff that happens when you take action, or when you decide to do something. Leita looks at some examples of risk.

Welcome to The Sample, a quick discussion of auditing concepts and terms that will help you do your work. Conducting an audit in accordance with auditing standards is no small feat and I want to support you. We’ll be referring to the?GAO,?IIA?and?AICPA?literature to bolster our conversations. Let’s get started.

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