On Risk Management, Business Continuity, and Security
|24 April, 2017|
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.
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.
Recent articles have included:
© Albion Research Ltd. 2017