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Engagement risk is the risk that the auditor will suffer “harm” after the audit is finished, albeit if the report was done correctly.
1 Comment
9/16/2019 03:00:07 am
All auditors know that. This position equates a huge stress other fields are facing and I do understand that. As much as possible, the auditor must do great if they don't want to face engagement risk. I know that most of the auditors have experienced that already, and they must know how to deal with it. They were trained on how to deal with situations like this as they know that it is part of their jobs. This is just one of the reasons why I have so much respect for the auditors. Leave a Reply. |
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