Develop a risk and control matrix, using the below format or attach your own file, for...

 

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Develop a risk and control matrix, using the below format or attach your own file, for the following assignment: A "company night" is to be sponsored by a SoCal school's internal audit student club. The event is designed to provide internal audit functions in companies, government agencies, and service providers the opportunity to interact with college students to increase the students' awareness of the opportunities in the internal auditing profession. Food and beverage (including beer and wine) will be a part of the event. The event will be held in a rented party facility in a park adjacent to campus. The plan is that the expenses related to the event will be covered by a sponsorship fee charged to the attending internal audit functions. (A big assumption here is that we're NOT facing the pandemic risk, which of course, would make this event moot). Please use the template below to identify the "KEY" risks for planning, organizing, and eexecuting this event. Key risks are those that are very likely to happen and/or could have significant impact on having a * successful" event. (This means at least 6 risk statements.) Risk Activity/Process Risk Statement Control Activity Rating 1.1A Check with university calendar for 1.1 Date conflicts with other exams 1. campus M and other events as well as with student Planning/Scheduling clubs. events 1.1B. (add other controls as appropriate) 1.2 (add other relevant risks here, (1.2A) (H/M/L?) as needed or appropriate)) (1.2B as needed) 1.3 2.1A 2. (Add process 2 2.1 (add relevant risk here) here) 2.1B as appropriate 2.2 and so on.. 2.3 3. (Add process 3 3.1 (add as many as appropriate) 3.1A and so on.. here) 3.2 Develop a risk and control matrix, using the below format or attach your own file, for the following assignment: A "company night" is to be sponsored by a SoCal school's internal audit student club. The event is designed to provide internal audit functions in companies, government agencies, and service providers the opportunity to interact with college students to increase the students' awareness of the opportunities in the internal auditing profession. Food and beverage (including beer and wine) will be a part of the event. The event will be held in a rented party facility in a park adjacent to campus. The plan is that the expenses related to the event will be covered by a sponsorship fee charged to the attending internal audit functions. (A big assumption here is that we're NOT facing the pandemic risk, which of course, would make this event moot). Please use the template below to identify the "KEY" risks for planning, organizing, and eexecuting this event. Key risks are those that are very likely to happen and/or could have significant impact on having a * successful" event. (This means at least 6 risk statements.) Risk Activity/Process Risk Statement Control Activity Rating 1.1A Check with university calendar for 1.1 Date conflicts with other exams 1. campus M and other events as well as with student Planning/Scheduling clubs. events 1.1B. (add other controls as appropriate) 1.2 (add other relevant risks here, (1.2A) (H/M/L?) as needed or appropriate)) (1.2B as needed) 1.3 2.1A 2. (Add process 2 2.1 (add relevant risk here) here) 2.1B as appropriate 2.2 and so on.. 2.3 3. (Add process 3 3.1 (add as many as appropriate) 3.1A and so on.. here) 3.2

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SoCal School Internal Audit Student Club Company Night event Risk and controls Activity Process Risk Statement Risk rating Control Activity 1 Planning ... View the full answer