Sentence examples for risks of material from inspiring English sources
"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".
Odds risks of material deprivation and social isolation are based on the comparison between the most and the least deprived/isolated quintile groups.
In the case of obvious commercial perspectives, should the samples be purchased by the fixed price, or can donors claim for the rent during the period of participation in biobank functioning, or is it necessary to provide donors with participation interest, sharing the risks of materials' commercialization and the results of their use?
Last month the accounting board followed up with a message to auditors warning that there was a "risk of material misstatement" in financial statements, in part because of litigation over mortgage securitizations.
In most — 37 of the 60 audits reviewed in 2012 — the auditors failed to do enough work to assess the "risk of material misstatement due to fraud," the board reported.
Each item involved assigning a judgment of high, low, or unclear risk of material bias.
The support structure required during processing is rather difficult to remove, and may cause the risk of material contamination. 5.
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.
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.
The focus is on hypotheses for judgments of process-specific business risk and the risk of material misstatement (RMM) of revenue.
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.
