AR meaning in Accounts and Finance ?

Answer:

What is Audit Risk mean?

Audit risk (also referred to as residual risk) refers to the risk that an auditor may issue an unqualified report due to the auditor's failure to detect material misstatement either due to error or fraud. This risk is composed of:

Inherent risk (IR), the risk involved in the nature of business or transaction. Example, transactions involving exchange of cash may have higher IR than transactions involving settlement by cheques. The term inherent risk may have other definitions in other contexts.;Control risk (CR), the risk that a misstatement may not be prevented or detected and corrected due to weakness in the entity's internal control mechanism. Example, control risk assessment may be higher in an entity where separation of duties is not well defined; andDetection risk (DR), the probability that the auditing procedures may fail to detect existence of a material error or fraud. Detection risk may be due to sampling error or non-sampling error.

Audit risk can be calculated as:

AR = IR × CR × DR reference

Full Form	Category
Applied Research	Academic & Science
Anal Retentive	Academic & Science
Anno Regni (Year of Reign)	Academic & Science
Architecture	Academic & Science
Romanian Academy	Academic & Science
Action Research	Academic & Science
Active Rainfall	Academic & Science
Academia Româna	Academic & Science
Academic Research	Academic & Science
Acid Rain	Academic & Science
Aryl group	Academic & Science
Archimedes number	Academic & Science
Argent	Academic & Science
Audit Risk	Accounts and Finance
Annual Return	Accounts and Finance
Account Review	Accounts and Finance
Automatic Remuneration	Banking
Anti-Reflective	Business
Atlas Research	Business
Acoustic Research	Business
ArmaLite	Business
All Risks	Business
Argonaut Gold Incorporated	Business
Assessment Report	Business
Auto Regressive	Business
Average Revenue	Business
Absolute Return	Business
Average Revenue (finance)	Business
Argon Gas	Chemical Formula
Argon	Chemistry
Analytical Reagent	Chemistry
Arkansas Resident	Community
American Rivers	Community
Artist and Repertoire	Community
Another Rainbow	Community
Administrative Regulation	Community
Accelerated Reading	Community
Alternative Response	Community
Amber Renee	Community
Accredited Reprocessor	Community
Adaptive Reception Control	Computer and Networking
Automatic Recall	Computer and Networking
Add Rows	Computer Assembly Language
Address Register	Computer Assembly Language
Automatic Reset	Computing
Artificial Reality	Computing
Argentina (TLD)	Computing
Attention Routine	Computing
ARchiver	Computing
Augmented Reality	Computing
Attack Rating	Computing
Argentina	Country Names
Apple River	Country Specific
Arweave	Cryptocurrency
Aspect Ratio	Electronics
Audio Rate	Electronics
Action Required	Email
A Android Rickets	General
Alan Rickman	General
Arm Of Resistance	General
Allah Rakah	General
All The Right	General
American Renegades	General
Accelerated Representer	General
Acclerated Reading	General
Active Region	General
Adult Reviews	General
Alternate Reality	General
Animal Rights	General
Arkansas Rom	General
Anime Reactor	General
Armalite Rifle	General
Applied Rule	General
Algae Resistant	General
Average Reference	General
Alphonso Rules	General
Repair ship (Auxiliary, Repair)	General
Added Rice	General
Attack And Release	General
As Removed	General
Action Replay	General
Adult Revolution	General
Argon AR	General
Argentina AR	General
As Required	General
Authorization Required	General
Anna Rose	General
Abrasion Resistant	General
abbreviates article	General
Advance Revision	General
Approved Repair	General
Account Reviews	General
Authorized Representative	General
Accelerated Reader	General
Anna Regina	General
Airworthiness Representative	General
Aboriginal Radio	General
Advance Retard	General
Approved Roofing	General
Aluminum Roofing	General
Advanced Ring	General
Actionable And Realistic	General
Administrative Record	General
Apologetics Resources	General
Auto Regression	General
Affix Rule	General
AR15 Rifle	General
Account Receivable	General
Acquisition Request	General
Artificial Resuscitation	General
Armand Rapha	General
Armilite Rifle	General
Apologetic Resources	General
The Artificial Radionuclide	General
Aqua Regia	General
Accessible Radiation	General
Anse Royale	General
Armalite Rifles	General
Administrative Review	General
Annihilation Radiation	General
Aged Residue	General
Accelerated Readerar	General
Andrew Riverside	General
Aromatic Ring	General
Allah Rakha	General
ArmaLite ArmaLite	General
Augustus Rex	General
Area Reference	General
Any Road	General
Attempted Rape	Governmental
Automatic Rejection	Governmental
Antiwar Republican	Governmental
Administrative Rules of the Superior Court	Governmental
American Revolution	Governmental
Arithmetic Reasoning	Governmental
Army Regulation; Army Reserve	Governmental
Abundance of Resources	Governmental
Authority Representative	Governmental
Airman Recruit	Governmental
Assault Rifle ( mostly american)	Governmental
Aylestone Road	Governmental
Agricultural Residues	Governmental
American Roadster	Governmental
Arunachal Pradesh	Indian State
Appenzello Esterno	International
Arezzo (Provence)	International
ARapça	International
Arhiva Romanească	International
Asociación Regionalista	International
avis de réception	International
Accusé de Réception	International
Aller-retour	International
Accounts Receivable	Jobs
Acid Reflux	Medical
Active Resistance	Medical
Admitting Room	Medical
Apical Rate	Medical
Artificial Respiration	Medical
Assisted Respiration	Medical
At Risk	Medical
Androgen Receptor	Medical
Aortic Regurge	Medical
Anti Reflux	Medical
Aortic regurgitation	Medical
Atrophic Rhinitis	Medical
Assault Rifle	Messaging
Air Route	Military and Defence
Automatic Rifle	Military and Defence
Army Regulation	Military and Defence
Armor	Military and Defence
Atlantic Resolve (exercise Name)	Military and Defence
Army Reserve	Military and Defence
Air Reconnaissance	Military and Defence
Air Refueling	Military and Defence
Asynchronous Request	Networking
The Architectural Review	News & Entertainment
American Renaissance	News & Entertainment
Alpha and Absolute Return	News & Entertainment
Armeerundschau	News & Entertainment
Absorptive Region	Physics Related
Amateur Radio	Radio Science
Arkansas	Regional
Arabic	Regional
All Rail	Regional
Aberdeen and Rockfish Railroad Company	Regional
Aberdeen and Rockfish Railroad	Regional
Atmosphere Revitalization	Space Science
Autistic Referee	Sports
Archery Research	Sports
Adventure Racing	Sports
Area Record	Sports
Assistant Referee	Sports
Aerolíneas Argentinas	Transport & Travel
Arretium	Transport & Travel