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Agenda Meeting:Finance, Risk, Audit and Standards CommitteeVenue:The Old Vicarage, Bondgate, Helmsley, YO62 5BPDate:Monday 5 February 2024, 10amBusiness 1.Apologies for absence2.Public minutes on
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Identify the scope of the finance risk audit, including the areas to be assessed and the potential risks involved.
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Finance risk audit is a process of assessing and evaluating potential risks related to financial activities within an organization.
Companies and organizations who want to mitigate financial risks and comply with regulatory requirements are required to file finance risk audit.
Finance risk audit can be filled out by conducting a thorough analysis of financial statements, internal controls, and risk management procedures.
The purpose of finance risk audit is to identify, assess, and mitigate financial risks to protect the organization's financial health and reputation.
Information reported on finance risk audit may include financial statements, risk assessment findings, internal control deficiencies, and recommendations for improvement.
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