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What's commun between risk assessment and audit?

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Question added by Ahmed OUESLATI , IT Risk Manager | Auditor | Security Consultant | Quality Manager , National Digital Certification Autority (Certified ISO 9001:2008 by TUV Rheinland)
Date Posted: 2016/03/15
imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

Risk assessment is a part of audit. In audit, risk assessment is conducted to point out the areas where the internal controls are weak and so the additional audit procedures may be applied to get the required assurance.

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