This is the risk of auditors expressing inappropriate opinions on the financial statements. For example, audit reports indicate that when financial statements actually contain material misstatements, they show a true and fair view
This is the risk that the auditor will make inappropriate comments on the financial statements. For example, audit reports indicate that financial statements show a true and fair view when they actually contain material misstatements
This is the risk of the auditor giving an inappropriate opinion on the financial statements. For example, audit reports indicate that when the financial statements actually contain material misstatement, they show a true and fair view<br>