E.17 Ten Universal Business Risks1
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Erroneous records and/or information
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Unacceptable accounting principles
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Business interruption
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Government criticism or legal action
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High costs
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Unrealized or lost revenue
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Loss or destruction of assets
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Competitive disadvantage and/or public dissatisfaction
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Fraud or conflict of interest
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Inappropriate management policy and/or decision-making process
1Mair, William C., Wood, Donald R., and Davis, Keagle W., Computer Control and Audit (Altamonte Springs, FL: The Institute of Internal Auditors).
- Last modified:
- 2018-02-21