How To Conduct A Year-end Risk Assessment

Year End Risk Assessment, assessment services, Tucson, R&A CPAs, CPAs, tax services, accounting, accounting services

Auditors assess their clients’ risk factors when planning for next year’s financial statement audit. Likewise, proactive managers assess risks at year end. A so-called “SWOT” analysis can help frame that assessment. Typically presented as a matrix, this analysis of strengths, weaknesses, opportunities and threats provides a logical framework for understanding how a business runs. It…

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