BRILLIANT TUTORS
AUI4862
Assignment 3
- DUE 8
August 2024
[Year]
[Type the company address]
, Book
Auditing the Risk Management Process
AUI4862 Assignment 3 (COMPLETE QUESTIONS AND ANSWERS)
Semester 2 2024 - DUE 8 August 2024 ;100 % TRUSTED workings,
explanations and solutions
QUESTION 1 32 marks Sappi’s tale commenced when South African Pulp
and Paper Industries Limited was established on 17 December 1936. The
name was soon abbreviated to SA Pulp which later became known as Sappi.
Today Sappi is a global diversified woodfibre company that sells commodity
paper products, pulp dissolving and forest and timber products for Southern
Africa and export markets. REQUIRED: From the 2023 Sappi Annual
Integrated Report () you are required to: 1.1 List the top 10 risks identified in
the 2023 Sappi Integrated Report. (5) 1.2 Match the first five (5) risks
identified above with the relevant strategic objectives of Sappi. (5)
AUI4862/0/2023 3 1.3 Discuss and indicate the risk maturity level and the
internal audit approach to risk management based on the information
available in the 2023 Integrated Report. (14) 1.4 For each of the mitigating
actions identified by management for each of the first three (3) risks, indicate
whether that risk response is either avoid, reduce, share or accepting of the
risk. (8) ---©--- UNISA 2024
Let's go through the required questions step by step. Since the Sappi 2023 Integrated Report is
essential for this assignment, I'll outline how you can approach each part.
1.1 List the top 10 risks identified in the 2023 Sappi Integrated Report. (5)
To find the top 10 risks, you will need to refer to the Risk Management section of the 2023 Sappi
Integrated Report. Look for a section where Sappi lists and describes its key risks.
1.2 Match the first five (5) risks identified above with the relevant strategic
objectives of Sappi. (5)
After listing the top 10 risks, match the first five risks with Sappi’s strategic objectives. Sappi's
strategic objectives are usually outlined in the report and might include goals such as
sustainability, growth, innovation, customer focus, and operational excellence.
AUI4862
Assignment 3
- DUE 8
August 2024
[Year]
[Type the company address]
, Book
Auditing the Risk Management Process
AUI4862 Assignment 3 (COMPLETE QUESTIONS AND ANSWERS)
Semester 2 2024 - DUE 8 August 2024 ;100 % TRUSTED workings,
explanations and solutions
QUESTION 1 32 marks Sappi’s tale commenced when South African Pulp
and Paper Industries Limited was established on 17 December 1936. The
name was soon abbreviated to SA Pulp which later became known as Sappi.
Today Sappi is a global diversified woodfibre company that sells commodity
paper products, pulp dissolving and forest and timber products for Southern
Africa and export markets. REQUIRED: From the 2023 Sappi Annual
Integrated Report () you are required to: 1.1 List the top 10 risks identified in
the 2023 Sappi Integrated Report. (5) 1.2 Match the first five (5) risks
identified above with the relevant strategic objectives of Sappi. (5)
AUI4862/0/2023 3 1.3 Discuss and indicate the risk maturity level and the
internal audit approach to risk management based on the information
available in the 2023 Integrated Report. (14) 1.4 For each of the mitigating
actions identified by management for each of the first three (3) risks, indicate
whether that risk response is either avoid, reduce, share or accepting of the
risk. (8) ---©--- UNISA 2024
Let's go through the required questions step by step. Since the Sappi 2023 Integrated Report is
essential for this assignment, I'll outline how you can approach each part.
1.1 List the top 10 risks identified in the 2023 Sappi Integrated Report. (5)
To find the top 10 risks, you will need to refer to the Risk Management section of the 2023 Sappi
Integrated Report. Look for a section where Sappi lists and describes its key risks.
1.2 Match the first five (5) risks identified above with the relevant strategic
objectives of Sappi. (5)
After listing the top 10 risks, match the first five risks with Sappi’s strategic objectives. Sappi's
strategic objectives are usually outlined in the report and might include goals such as
sustainability, growth, innovation, customer focus, and operational excellence.
