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In response to
"no, its the idea of directional risk in auditing. it wasnt really anything i was exposed to prior to starting here"
by
Truman
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by directional risk do they mean the trend period over period? I often got caught on that too as the client usually has an explanation
Posted by
Beaker (aka anniebecca)
Feb 2 '16, 09:33
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the key is to watch the %'s rather than the $'s. If the percentage change is significant make a note of it as it could be systematic of a larger problem over and above what the client thinks it related too
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Responses:
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