Viera Bartosova, Lidiia Volosh
It was proved that it is the construction of a set of updates for assessing audit risk, identifying factors influencing the change in its level, applying methods and procedures for reducing audit risk, form an effective organizational audit model. The elements of monitoring inherent risk as the main component of audit risk were analyzed. A model of a set of typical undesirable factors influencing the level of inherent risk was built. The direction of reducing audit risks in the implementation of the audit was considered.