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AN OVERVIEW OF THE AUDIT PROCESS
Responding To Assessed Risk
• ISA 330 – The auditor’s response to assessed risk
states that the auditor should obtain sufficient,
appropriate audit evidence regarding the assessed
ROMM through designing and implementing
appropriate responses to those risks.
• Respond to risk identified in planning
• Respond to risks at FS level, Assertion Level and carry
out those procedures required to comply with the
ISAs.
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