What does the Risk-Focused Examination (RFE) approach emphasize?

Answer: 

Overall the RFE approach is intended to anticipate future problems by analyzing processes that may serve as leading indicators. These leading indicators include the following:

Risk assessment by management for new and existing products and services.

Development and Application of Strong System of Internal Control (i.e., Policies, Procedures and Trained and Experienced Personnel.

Analysis of Financial Outcomes.

Measurement of Actual Performance against Forecasted results.