Posted: March 31st, 2022

Business risks are risks that result from significant conditions, events, or circumstances that could adversely affect the company’s ability to achieve objectives and execute strategies.

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Business risks are risks that result from significant conditions, events, or circumstances that
could adversely affect the company’s ability to achieve objectives and execute strategies.
Auditors are required to gain an understanding of the company and its environment as part of
their risk assessment procedures. Identify one business risk that is relevant to the casino
entertainment industry (other than covid-19). Be sure to explain your business risk in
adequate detail so that the reader can understand what the issue is and how that could negatively
impact the company’s ability to achieve its objectives.

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