Can you identify Significant Risks for an audit client?

Identifying significant risks is the foundation of the audit - get this wrong and you might miss something important!

I share my 3 tips to learn how to identify the significant risks and not get confused with business risks.

#Auditing #SignificantRisks #InherentRisks

For the exercise - here are the financial statements for each
Apple - https://investor.apple.com/investor-relations/default.aspx
AirBnB doesn't have public financials - but here is some info - https://craft.co/airbnb/metrics
InnisFree - owned by Amore Pacific -https://www.apgroup.com/int/en/misc/news/2018-05-09.html

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Видео Can you identify Significant Risks for an audit client? канала AmandaLovesToAudit