Question: Raul, the Auditor, has been asked to train new junior auditors on inherent risks they may encounter in an audit engagement. What type of risks

Raul, the Auditor, has been asked to train new junior auditors on inherent risks they may encounter in an audit engagement. 


What type of risks might occur in an engagement. How would you detect?


Do you think inherent risks are harder to detect than control risks? Why or why not?

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Inherent risks are the risks that exist in a companys operations and financial reporting processes r... View full answer

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