Discussions on Qualitative Assessment or Risk Quantification in Adopting Decisions Concerning Risk in Financial Auditing

Radu, Laura-Diana and necula, sabina-cristiana (2010): Discussions on Qualitative Assessment or Risk Quantification in Adopting Decisions Concerning Risk in Financial Auditing. Published in: Recent Researches in Applied Mathematics (December 2010): pp. 91-96.

Abstract

This paper presents some insights concerning qualitative and semi-quantitative audit risk assessment methods. We consider that semi-quantitative assessment collaborated with qualitative interpretation can be a better solution in evaluation auditors’ decisions. We then exemplify our solution by taking into account recommendations offered by International Auditing Standards.

• Item Type: MPRA Paper
• Language: English
• Keywords: qualitative interpretation, semi-quantitative risk assessment, IAS, audit, financial reporting, business decisions
• Subjects: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness; L - Industrial Organization > L8 - Industry Studies: Services > L86 - Information and Internet Services ; Computer Software

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