A Quick-Start Guide to Risk Assessments

Risk assessments are cornerstones of all compliance programs – how else can a company ensure that its program is risk-based and fit for purpose? The process of identifying the risks a company faces and ranking them against each other, however, can seem overwhelming. Here, we have condensed the process into a quick-start guide to get you out the door and assessing risk with confidence. For a more detailed discussion, see our four-part guide to risk assessments: “Types of Assessments” (Jun. 26, 2019); “Techniques and Building a Team” (Aug. 7, 2019); “Where to Look for Risk and Risk Ranking” (Sep. 4, 2019); and “Wrapping Up and Avoiding Pitfalls” (Jan. 22, 2020).

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