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- Detection_risk abstract "Detection Risk (DR) is the risk that the auditor will not detect a misstatement that exists in an assertion that could be material (significant), either individually or when aggregated with other misstatements. In other words, the chance that the auditor will not find material misstatements relating to an assertion in the Financial statements through substantive test and analysis. Detection risk results in the auditor's conclusion that no material errors are present where in fact there are. It is a component of audit risk.Detection Risk and quality of audit have an inverse relationship: if detection risk is high, lower the quality of audit and if detection risk is low, generally increase the quality of audit.".
- Detection_risk wikiPageID "17215242".
- Detection_risk wikiPageLength "991".
- Detection_risk wikiPageOutDegree "6".
- Detection_risk wikiPageRevisionID "684284901".
- Detection_risk wikiPageWikiLink Audit_risk.
- Detection_risk wikiPageWikiLink Auditor.
- Detection_risk wikiPageWikiLink Category:Auditing.
- Detection_risk wikiPageWikiLink Inverse_relation.
- Detection_risk wikiPageWikiLink Risk.
- Detection_risk wikiPageWikiLinkText "Detection risk".
- Detection_risk wikiPageWikiLinkText "detection risk".
- Detection_risk wikiPageUsesTemplate Template:Reflist.
- Detection_risk subject Category:Auditing.
- Detection_risk hypernym Risk.
- Detection_risk type Company.
- Detection_risk comment "Detection Risk (DR) is the risk that the auditor will not detect a misstatement that exists in an assertion that could be material (significant), either individually or when aggregated with other misstatements. In other words, the chance that the auditor will not find material misstatements relating to an assertion in the Financial statements through substantive test and analysis. Detection risk results in the auditor's conclusion that no material errors are present where in fact there are.".
- Detection_risk label "Detection risk".
- Detection_risk sameAs Q16941234.
- Detection_risk sameAs m.0_yj53p.
- Detection_risk sameAs Q16941234.
- Detection_risk wasDerivedFrom Detection_risk?oldid=684284901.
- Detection_risk isPrimaryTopicOf Detection_risk.