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25:15
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Farhat Lectures. The # 1 CPA & Accounting Courses
Assessing Inherent Risk Explained. Auditing Course | CPA Exam AUD
In this video, we explain inherent Risk. Start your free trial: https://farhatlectures.com/ Introduction 0:00 Analogy for Inherent Risk The video starts with a hiking trail analogy to explain inherent risks, such as steep cliffs and unpredictable weather (0:07). Definition of Inherent Risk Inherent risks are natural vulnerabilities of an ...
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