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A strong compliance program begins with a clear understanding of organizational risks. This webinar guides you through the purpose, process, and practical application of conducting a compliance risk assessment—and how to transform the findings into a robust annual framework. During this webinar, PYA Principals Shannon Sumner and Rhonda Buckholtz explained the importance of effective risk assessments and how to incorporate them into your annual plan. Shannon and Rhonda addressed the following objectives: • Defining the role of risk assessments. • Identifying common risk areas. • Applying a structured methodology. • Demonstrating documentation practices for key stakeholders. • Incorporating ongoing monitoring and feedback loops to update risk assessments. RELATED LINKS: • U.S. Department of Justice Criminal Division Evaluation of Corporate Compliance Programs (https://www.justice.gov/criminal/crim...) • OIG General Compliance Program Guidance (https://oig.hhs.gov/compliance/genera...) • COSO ERM Framework (https://www.coso.org/erm-framework)