Inherent risk is assessed as high , moderate or low . It is objectively measured on a scale of 3 . Given that the weight of 1 has been assigned to high risk , then moderate would be assigned 2 and low risk would be assigned 3 . The control and detection risks will also be assessed on scale 3 , with high assigned weight 1 , moderate 2 and low 3 . Control risk : Is the risk that the client internal control procedures will fail to detect...











SUBJECTS

