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
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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