Conducting risk assessments

Lynda Hilliard (lyndahilliard@hotmail.com) is Principal of Hilliard Compliance Consulting in Mount Shasta, CA.

The world of compliance professionals is hectic and filled with interpreting complex rules and regulations, as well as proactively assessing organizational environments to assure that compliance risks are identified and mitigated in a timely fashion. Periodically, at a minimum on an annual basis, a compliance risk assessment should be conducted across the organization to better predict what areas of compliance risk need to be focused on in the annual compliance work plan.

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