Walden Managing Operational & Financial Business Risks Preparing a Risk Control Matrix The U.S. Sarbanes-Oxley Act requires evaluation of how public compan

Walden Managing Operational & Financial Business Risks Preparing a Risk Control Matrix The U.S. Sarbanes-Oxley Act requires evaluation of how public companies implement financial reporting controls. Many companies prepare a risk control matrix to assess risk. Preparing a risk control matrix can help identify pertinent data and often identifies the risks, controls, and monitoring methods to help ensure accurate financial reporting. Based on your employer, prepare a risk control matrix for a particular area within your company. For example, a risk control matrix regarding the filing of corporate taxes. Create a professional memo of 3–4 pages communicating this profile to the organization’s board of directors, including details of the risk and your recommendations for a system of control. Be sure to identify within the memo the strengths and weaknesses of your recommended system.Your paper should reflect the application of the Resources presented this week, as well as knowledge gained from previous weeks’ Required or Optional Readings.Be sure to support your work with specific citations from this week’s Learning Resources and any additional resources.