Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 4, Problem 4.24P
To determine

Detection riskrefers to risk that auditor is not able to detect materially misstatement in financial statements being audited.

To calculate: Hypothetical client’s detection risk

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