Overview
For this assignment, you will select a different company than in the prior assignment. You will create a financial risk mitigation plan to reduce overall costs and increase efficiency in operations for your selected company. Your strategy is to apply best practices for mitigating financial risk and fraud exposure in the company’s operations. You will conduct research to identify?industry?best practices for risk mitigation to?reduce financial fraud exposure and then integrate the relevant best practices?into the risk mitigation plan as?appropriate for the company.?Your findings and recommended strategies would be presented as a financial risk mitigation plan for your selected company.
Instructions
Write a 5-6 page paper in which you:
Describe a selected company, its operations, and its associated industry and evaluate these areas to develop a financial risk mitigation plan.
Evaluate at least three types of financial fraud common to the selected company and its associated industry supported with a detailed description of each type of financial fraud and how it can occur.
Develop a recommendation for a given company to reduce financial fraud exposure through examination of risk mitigation strategies and applications.
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