Aug 16, 2020 • 14M

5. Audit Risk | Very Important | Audit Podcast By Neeraj Arora | Episode 5

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Neeraj Arora
This podcast is dedicated for Audit Discussions. I will be explaining important concepts of Audit and will also try to invite Industry Experts so that the listeners can not only get theoretical knowledge but can also have practical view of the Audit subject.
Episode details

Hello guys, in this episode we're going to talk about Audit Risk.

Audit risk is the risk that the auditors express an inappropriate audit opinion on financial statements. It is the risk that auditors give an unqualified or clean opinion on the financial statements that contain a material misstatement. This is a very important podcast, this topic looks simple but a lot of students still get confused and do not fully understand this topic.

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