In this episode of THE SAMPLE, Leita Hart-Fanta, CPA discusses the connection of Risk and Choice and what to do with an inherent risk once identified.
In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “What Is Inherent Risk?” Inherent risk is all the bad stuff that happens when you take action, or when you decide to do something. Leita looks at some examples of risk.
The auditing profession has taught me several models that help me think – both professionally and personally. For instance, I can convince my husband that we need to eat less sugar using the elements of a finding. I can back up my rationale for why I don’t think my brother-in-law should move in with us […]