Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 206

Of the most common risk assessment violations, 24% related to not linking risk assessment to auditors’ responses. The Alert reminds auditors to be responsive to the financial statement and relevant assertion level risks and that the linkage is at the assertion, not account, level. The AICPA discovered that auditors are not designing procedures with regard to the results of their risk assessment. Therefore, the risk is not reduced to an appropriate level, and the standards are not complied with.