What does risk culture mean?
A strong risk culture is the key to aligning all fronts of a company according to its strategic objectives. In the business world, changes occur at a …
Key Elements of an Internal Control Environment
The internal control environment is one that influences the members of an organization and the control of its activities. This environment is the base …
3 types of indicators to manage risk
A risk indicator is a component whose values are calculated on the basis of historical data. This is how the risk factors to which a company is expose …
What is a key risk indicator (KRI)?
Key Risk Indicators, or KRIs, are metrics used to determine the potential for an eventual risk and to take timely action. KRIs serve as a kind of alar …
