Detection Risk

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Definition: Detection Risk

Detection Risk
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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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/detection-risk/
Modern Language Association (MLA):
Detection Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 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: May 18, 2024).
American Psychological Association (APA):
Detection Risk. PayrollHeaven.com. Retrieved May 18, 2024
, 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 | 0 Views.