Accounting
Definition of Accounting as it relates to Business, Financial Management, Organizational Behavior
Risk Assessment is a systematic process used to evaluate potential risks and vulnerabilities within an organization, encompassing business strategy, financial management, operational risk management, and beyond. It involves identifying, quantifying, and prioritizing risks to enable informed decision-making and appropriate risk mitigation strategies. By evaluating the likelihood and impact of various risks, organizations can proactively manage their exposure and protect their assets, ensuring long-term sustainability and success.
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[FinanceAccounting.org] | Journal Home:: Journal of Finance and Accounting:: Science Publishing Group |
[FinancialAccounting.com] | Financial Accounting Institute – Financial Accounting Education for the Utility Industry |
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[AccountingTheory.org] | Accounting and Economics Society |