أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
First of all , Business risk is defined as the factors which can prevent or hinder the organizational goals and seizes the going concern of the organization such as , 1) major customer losses , 2) cash flow problems , .. etc .
While the risk of material misstatement is mainly an audit risk which represents material misstatements in the representation and quantifications or omission of material data in the financial statements which can result in an inappropriate audit opinion in the audit report .