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You work for Australia Wide Taxations Solutionsa company of 1,500 employees offering taxation services in different cities across the country. The...

You work for Australia Wide Taxations Solutions—a company of 1,500 employees

offering taxation services in different cities across the country. The company

offers five services: personal taxation, small business taxation, corporate services,

personal wealth creation and corporate asset management.


It is working in a highly regulated and legislated industry.


You have been asked to work with the team conducting a risk assessment for the

entire organisation.


How will you identify the risk management scope—what things do you need to

look at? What challenges does a scope of this size pose and how would you

approach the risk assessment process? (350-400 words

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