(1) what is the different in writing the answer between evaluate business risks and evaluate significant business risks? (2)in a business risks question should I write a justified in prioritisation the business risks, in 2023 Sept/ Dec. question I seen that the conclusion does not includ business risk but rather audit risks only. Thank you.
No need to prioritize business risk. Secondly significant are the ones mention in case and management has not taken any action for them in case, because for any risk if action is taken it will lose its significance for its impact.
Yes
(1) what is the different in writing the answer between evaluate business risks and evaluate significant business risks? (2)in a business risks question should I write a justified in prioritisation the business risks, in 2023 Sept/ Dec. question I seen that the conclusion does not includ business risk but rather audit risks only. Thank you.
No need to prioritize business risk. Secondly significant are the ones mention in case and management has not taken any action for them in case, because for any risk if action is taken it will lose its significance for its impact.
so do you mean no need to mention anything in relation about business risks in the conclusion section?
@paullam9045 yes no conclusion for business risk
Kindly share the whatsapp number i need pdf of slides
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