Select a company that has undergone an initial public offering within the last five years and obtain the prospectus (these are usually available on the company’s website, EDGAR for companies listed on the U. S. stock exchanges, or other information services).
A. What is the business strategy and business model?
B. Identify the strategic objectives.
C. Identify the key risks.
D. Construct a matrix with the strategic objectives on the Y axis and the critical risks on the X axis. For each objective, indicate which key risk applies.
E. Discuss which risk you think the internal audit function should set as the highest priority.