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Elaborate 5 (FIVE) methods of managing risks for finance/accounting profession in different industries during this pandemic situation.(20marks) . Eplain it and with example in detail.
Elaborate 5 (FIVE) methods of managing risks for finance/accounting profession in different industries during this pandemic situation.(20marks) . Eplain it and with example in detail.
New Gaps in Internal Control
- Going digital
- Redesigning operating models
5 methods
1.risk identification
2. risk impact assessment
3.risk prioritization analysis
4. risk mitigation planning, implementation and progress monitoring
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