Mini Risk Report

A mini risk report can be included at the top of a work program. Two types of mini risk reports exist:

• A Risks Addressed mini risk report lists entity level risks and risks addressed in the work program.
• A Risks Identified mini risk report lists risks that have been identified in the work program.

In a work program, you can specify whether to display the Risks Addressed mini risk report or the Risks Identified mini risk report.

By default, if the work program is linked to a Financial Statement Areas worksheet or includes a detailed audit response, a Risks Addressed mini risk report is provided with the work program. A Risks Addressed mini risk report is also provided with the Financial Statement Areas worksheet. While, if a work program is not linked to a Financial Statement Areas worksheet, does not include a detailed audit response, and is not a Risk Report document, a Risks Identified mini risk report is displayed.

To display the risk details that is included in a mini risk report, double-click the risk name or on any field other than Source/Reference or Addressed/Reference.

When a mini risk report is added to the top of a work program, an additional area on the right of procedures is also included that displays risks for any procedures that have been linked to a specific risk. For more information on how to link risks to procedures, refer to Linking Procedures to Risk.