Sentence examples for audit risk from inspiring English sources
"audit risk" is a correct and commonly used phrase in written English
It refers to the potential for errors or misstatements in a company's financial statements to go undetected during an audit. This term is typically used in business and accounting contexts. Example: The audit committee was concerned about the high level of audit risk associated with the company's complex financial transactions.
Membership costs increase with audit risk.
At Goldman, she will serve on the firm's audit, risk, compensation and nominating committees.
They can identify a senior ally with an overlapping interest, such as someone in audit, risk management or finance.
Mr. Tucker, 54, will be on the board's audit, risk, compensation and corporate governance and nominating committees.
Indeed, this information is used by accountants and tax software for the purpose of assessing audit risk -- rather than allowing individuals to assess their generosity.
Auditors do not and cannot represent the difference underlying audit risk and fraud (Deleuze, G.,Difference and Repetition, Patton, P. (trans).
Finally, in combination of several practical measures put forward by our country to perfect internal audit, risk-oriented internal audit is suggested to be comprehensively applied in risk management of engineering enterprise so that enterprise can improve successfully core competitiveness to promote development of economy in the age of comprehensive risk management.
He said there were accounting and audit risks involved when relationships between suppliers and their clients evolved over time and this was not reflected in their original contracts.
In this respect, our study contributes to 'emotionalize' and challenge the cognitive and technical orientation adopted by most academics and regulators in their understanding of audit risks and auditors' scepticism.
Boards with more women surpass all-male boards in auditing, risk oversight and control.
If action does not follow the talking, audits risk degenerating into a fruitless palaver which bears few prospects to improve quality of care.
