02 Oct accountants and auditors
Please read each and every line and follow the instruction. NO plagiarism. Need 3 reason compulsory.
You are brought in to conduct a Risk Assessment for an accounting firm. The organization is feuding over whether or not the assessment should be qualitative or quantitative. The company has the following characteristics:
- Employs over 200 accountants and auditors
- Has at least 20 people in the organization that have been on previous Risk Assessment teams
- Have both cloud and on-premise infrastructure for their high impact expensive software
- The company has gone through several audits and have several people versed in subjective assessments
- The CFO is very hands on and likes simplicity
- Some historical data is available, but not much
- The organization typically has one major outage per year and have a difficult time determining how to recover properly when replacing assets
Provide a minimum of 3 reasons to the customer why you would recommend either a qualitative or quantitative assessment for their organization. If you provide a comparison for both, be sure to provide a summary of your selected assessment approach and why
You must do the following:
1) Create a new thread. As indicated above, please provide at least three reasons to the customer on which assessment method you recommend. Must use a minimum of three references for your initial post. Also, please cite all references and use proper APA formatting.
2) All the content should be related to accounting firm. It should be on page.
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