Rahul bansalrahul bansal asked 5 years ago

Effect of inherent risk. ? 
Sir plz explain. 

1 Answers
RaviRavi Staff answered 5 years ago

ICAI says 
if transactions are not processed through regular ordinary processing it contains inherent risk
and if accounting system is weak again it will lead to inherent risk
you can simply include these 2 items in factors for considering inherent risk