ACC/544 Risk Assessment

The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment.

• Write a proposal of approximately 700 to 1,050 words that shows your plan for the risk assessment project.
• Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence.
• Link risk categories to financial statement assertions.
• Include fraud risks and the incentives, opportunities, and rationalization related to fraud.