Remove Audit Remove Book Remove Evaluation Remove Risk Management
article thumbnail

What Is Risk Management?

LogisManager

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

article thumbnail

Continuity Christmas Cleanup

Alternative Resiliency Services Corp

Closing the books. Last-minute Compliance items and Audit remediations. ​Your Business Continuity, Risk Management and related programs can get side-tracked during the holiday rush. Note that an Assessment is different from an Audit. An Audit examines controls and measures a program to a documented standard.

Audit 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Internal Controls & Fraud Prevention

Reciprocity

One common way to perpetrate asset misappropriation fraud is to steal cash before or after it has been recorded in the company’s accounting books. Segregation reduces the risk of inappropriate actions. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits.

Audit 52
article thumbnail

Data Privacy Awareness Month 2024: Roundup of Expert Quotes

Solutions Review

My experiences and insights, as shared in my book “Top 25 IT KPI Metrics You Should Be Tracking As a Business Owner,” align with these views, highlighting the importance of treating data privacy as a continuous journey. is long overdue for a single, comprehensive data privacy rule. At present, this is having varied results.

article thumbnail

Data Privacy Day 2024: The Definitive Roundup of Expert Quotes

Solutions Review

My experiences and insights, as shared in my book “Top 25 IT KPI Metrics You Should Be Tracking As a Business Owner,” align with these views, highlighting the importance of treating data privacy as a continuous journey. is long overdue for a single, comprehensive data privacy rule. At present, this is having varied results.