As the acceptable level of detection risk increases for a given audit risk, an auditor may change the

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Geovanni Wilkerson

Business

9 November, 10:02

As the acceptable level of detection risk increases for a given audit risk, an auditor may change the

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Chris Haynes · Answer 1

As the acceptable level of detection risk increases for a given audit risk, an auditor may change the timing of substantive procedures from year end to an interim date. Detection risk is the risk that audit procedures will not know a material wrong statement. It is related to the timing, extent and nature of procedures done to diminish audit risk to an acceptable level.