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Risk and forensic audit is a quite specific area which is related to detail examination of the facts, risk involved in the system and the process to mitigate it. Training and awareness is the main area of these audits as well.
Risk audit, also known as risk assessment or risk analysis, is a process that evaluates and identifies potential risks and vulnerabilities within an organization’s operations, processes, or systems.
Forensic audit is a specialized type of examination that investigates financial records, transactions, and other relevant information to detect fraud, embezzlement, financial mismanagement, or other irregularities.
