Caseware- Inherent Risk

Price:
R414.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
CaseWare
Lecturer:
Probeta Training
Duration:
75 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


In this session, we are going to discuss the following concepts:

  • Risk of Material Misstatement (ROMM)
  • Obtain an understanding of the entity and its environment
  • Obtain an understanding of the applicable Financial Reporting Framework
  • The link between identification and assessment of ROMM and the responses to the risk assessment
  • Inherent risk assessment (11.20)
  • Fraud risk assessment (11.25)