The Inherent General Risk Issues


  • Florin Ioan SCORŢESCU Associate Professor Ph.D., „Petre Andrei” University of Iasi
  • Gheorghe SCORŢESCU Professor Ph.D., „Petre Andrei” University of Iasi


inherent, risk, misstatements, financial, statement, control.


The risk of significant misstatement (RDS) is the risk that the financial statements are significant misstated prior the audit. It consists of two components, namely the inherent risk (IR), which refers to the susceptibility of an assertion about a class of transactions, account balance or presentation to be materially misstated, either individually or in aggregate with other misstatements, before taking into account any checks related control risk (CR), which is the risk that a misstatement that could occur at the level of claims on a class of transactions, account balance or presentation could be material, either individually or aggregated with other misstatements, will not be prevented or detected and corrected on time by the entity's internal control. Evaluation based on evidence of the inherent general risk is carried out below.


Botez, D. (2005). Tradiții, actualități și perspective ale profesiunii contabile din România, Iași, România: Editura Sedcom Libris.

***. (2008). Audit financiar (vol. I), București, România: Editura Irecson.

***. (2012). Ghid pentru un audit de calitate, Camera Auditorilor Financiari din România, București, România.




How to Cite

SCORŢESCU, F. I., & SCORŢESCU, G. (2019). The Inherent General Risk Issues. Anuarul Universitatii "Petre Andrei" Din Iasi - Fascicula: Drept, Stiinte Economice, Stiinte Politice, 24, 182-189. Retrieved from

Publish your work at the Scientific Publishing House LUMEN

It easy with us: publish now your work, novel, research, proceeding at Lumen Scientific Publishing House

Send your manuscript right now