Detection Risk

Business, Legal & Accounting Glossary

Definition: Detection Risk




Full Definition of Detection Risk


Detection Risk, in auditing, is the risk that the auditing procedures used will not find a material misstatement in the financial statements of the company being audited.


Cite Term


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https://payrollheaven.com/define/detection-risk/
Modern Language Association (MLA):
Detection Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/detection-risk/.
Chicago Manual of Style (CMS):
Detection Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/detection-risk/ (accessed: September 28, 2021).
American Psychological Association (APA):
Detection Risk. PayrollHeaven.com. Retrieved September 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/detection-risk/

Definition Sources


Definitions for Detection Risk are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th April, 2020 | 1 Views.