Review: âI went to this lawyer for my custody suit and she was compassionate and willing to help me on very short notice. She put my mind at ease when the emotions were at peak and assured me that she would do her very best. I w... Practice areas & skills: Wills & Living Wills, Divorce & Separation, General Practice.
What is meant by âlowering detection riskâ in auditing? A practitioner (or simply auditor) performing audit engagement is required to reduce audit risk to such level that is suitable to provide reasonable assurance to the intended users.
Description. The Risk Register holds a list of key risks that need to be monitored and managed. The alternative is to close your eyes and hope that problems will not occur. Definition: a risk is an undesirable future event.The Risk Register analyzes risks and drives action to: 1  Reduce the likelihood of the risk occurring. 2  Increase the visibility of the risk.escription. The Risk Register holds a list of key risks that need to be monitored and managed. The alternative is to close your eyes and hope that problems will not occur. Definition: a risk is an undesirable future event.