Sentence examples for risk of material from inspiring English sources

Only auditors trained to use SSA who analyzed information provided in an SSA format effectively integrated business risk assessments with their assessment of the risk of material misstatement.

Auditing standards direct auditors to consider business risk and other risk factors when they evaluate the overall risk of material misstatement during the planning phase of an audit.

The focus is on hypotheses for judgments of process-specific business risk and the risk of material misstatement (RMM) of revenue.

"Ambac believes that Moody's rating actions continue to cause confusion, uncertainty and the risk of material economic damage if their assumptions ultimately prove to be too onerous," its chief executive, Michael A. Callen, said in a statement.

Even when it is agreed that there is an asymmetric risk of material adverse events, it can be difficult for traditional regulatory procedures to address the problem.

In order to avoid managing the acidic effluents and reduce the risk of material corrosion at the pHS, several desulfurization tests were performed at a pH 5.

Conversely, risk of material-specific memory loss following surgery can be assessed by testing memory in the hemisphere/temporal lobe to be operated ('functional adequacy').

Given the essential role of temporomesial structures in declarative long-term memory formation, surgical treatment for mTLE is primarily associated with a risk of material-specific memory decline, but other cognitive domains may be affected as well.

"In 13 of the 23 audits," the board reported, auditors "did not perform sufficient procedures to identify, assess and respond to the risks of material misstatement of the financial statements due to fraud".

The auditor must increase the scope of the audit and testing if there are higher risks of material misstatements due to fraud or illegal acts.

Odds risks of material deprivation and social isolation are based on the comparison between the most and the least deprived/isolated quintile groups.