Accounting: Public Sector Auditing What is the opinion on the significance of assessing risk in the internal control process?

Accounting: Public Sector Auditing

What is the opinion on the significance of assessing risk in the internal control process? Please raise thoughtful questions, analyze relevant issues, build on others' ideas, synthesize across readings and discussions, expand the class' perspective, and appropriately challenge assumptions and perspectives. (See below to get an idea.)