, analyze the loss suffered and develop a formal recommendation of risk prevention measures.

As a group, choose a publicly held company that suffered a major loss in the last 5 years. Working together, analyze the loss suffered and develop a formal recommendation of risk prevention measures. The group leader will facilitate the discussion and submit the final document. Instructions: • The group leader will act as the facilitator moderating the discussion and keeping the group on task. • As a group, determine who will assume the following roles: o Recorder – summarizes the group discussions in a Word document shared with the group. o Reporter – finalizes the Word document to be submitted by the Leader. • In your team discussion, o Research then choose a company that suffered a major loss in the last 5 years. o Analyze the loss suffered. ▪ Could the loss have been prevented? ▪ If yes, what actions should have been undertaken to prevent the loss. ▪ If not, what precautionary measures are there available that could have helped the organization prepare for this loss? o Develop a recommendation of risk prevention measures. ▪ From your analysis of the situation, what recommendations do you have for this organization? ▪ In providing a recommendation, think of not just addressing the problem but focus on proactive actionable policies and procedures that can help diagnose the symptoms, detect potential problems Unit 5 Group Assignment ACC532: Enterprise Risk Management before they occur or early warning signs or trends that risk managers must pay attention to. ▪ Include all relevant sources. Requirements: • The Group Leader submits the assignment as an MS Word document for the group. • Length: 4 pages • Cite your sources properly and follow APA formatting guidelines. Be sure to read the criteria, by which your project will be evaluated,