ARL Logo
Risky Thinking
On Risk Management, Business Continuity, and Security
23 February, 2018
Business Impact Analysis
(the easy way)
Try the

Control Risk (Definition)

In auditing, a control risk is the risk that a material misstatement will occur in an audit report and not be prevented or detected by any internal controls.

More generally, the risk that the method to manage risk may itself be at fault due to errors or omissions in the procedures, policies, and methods used to manage risk or in the execution of those policies, procedures, or methods.

You are welcome to use these definitions for any purpose provided that an acknowledgement is made
to www.riskythinking.com and (if you're using HTML) you provide a link back to this site.

[ Back to Risk Glossary ]

Risky Thinking Newsletter

Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas.

View a sample issue, or click here to subscribe.

Recent articles have included:

Hurricane Katrina reminded us that there are major differences between a local disaster and a wide area disaster. Just what are they? It's time to make a list. Read more...

© Albion Research Ltd. 2018