Common Risk Assessment Methods
1. Risk Factor Analysis Risk Factor Analysis is a risk assessment method that evaluates and analyzes the factors that may lead to the occurrence of risk, so as to determine the probability of risk occurrence. The general idea is: investigate the source of risk, identify the risk conversion conditions, determine whether the conversion conditions are available, estimate the consequences of risk occurrence, risk evaluation. 2. Fuzzy Comprehensive Evaluation Method 3. Internal Control Evaluation Method Internal Control Evaluation Method refers to a method of determining audit risk by evaluating the internal control structure of the audited unit. Since the internal control structure is directly related to control risk, this approach is mainly used to control wind.
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