CR in Audit Meaning
The CR meaning in Audit terms is "Control Risk". There are 1 related meanings of the CR Audit abbreviation.
CR on Audit Full Forms
- Control Risk The Control risk that a misstatement that could occur in an assertion about a class of transaction, account balance or disclosure and that could be material, either individually or when aggregated with other misstatements, will not be prevented, or detected and corrected, on a timely basis by the entity’s internal control.
Frequently Asked Questions (FAQ)
What does CR stand for Audit?
CR stands for Control Risk in Audit terms.
What is the shortened form of Control Risk in Audit?
The short form of "Control Risk" is CR for Audit.
Citation
CR in Audit. Acronym24.com. (2022, March 27). Retrieved May 5, 2024 from https://acronym24.com/cr-meaning-in-audit/
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