DIB内部控制项目培训-内部控制基础知识(ppt 39页).pptVIP

* RISK MANAGEMENT BALANCES RISK AND CONTROL (YOU WANT TO REMOVE CONTROLS !). Are you driving with the handbrake on? The level of risk an organisation is willing to take is reflected in its risk appetite (covered in section on Risk Assessment). You will also need to balance the cost of the control with the corresponding reduction in the likelihood or impact of the risk (see risk assessment; gross vs net risk). A sound risk management system should strike the optimal balance between risk and control which will demonstrate an efficient allocation of resource. An important practical issue her