Referencing Styles : APA Explain what you understand to be audit risk, and the relevance of this to auditors. &n … View More Explain what you understand to be audit risk, and the relevance of this to auditors. Describe what you understand to be overall audit risk, with a full explanation of each component of overall audit risk. You are to identify four (4) types of recognised categories of inherent risks, and provide examples of each category of inherent risk that you identify. Explain what you consider to be the most feared inherent risk that may confront an auditor Read Less