In finance, the term risk management involves identifying the potential risks the organization may face in the future, analyze the impact of the risk and implement measures so that either is absolved or its adverse impact is minimized. discuss how risks can be avoided in financial institutions?

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
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In finance, the term risk management involves identifying the potential risks the organization may face in the future, analyze the impact of the risk and implement measures so that either is absolved or its adverse impact is minimized.
discuss how risks can be avoided in financial institutions?
 
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