New Paradigm of Managing Risks: Risk and Control Self-assessment

Autor: Deddy Jacobus
Jazyk: angličtina
Předmět:
Zdroj: Agriculture and Agricultural Science Procedia. :32-34
ISSN: 2210-7843
DOI: 10.1016/j.aaspro.2015.01.008
Popis: The implementation of enterprise risk management (ERM) has beenwidely discussed among contemporary corporate boards and executives. Within the ERM framework, an entity is expected to make a paradigm shift of managing its risk, from that of silo or partial to a more integrative approach where all employees are involved in the process. At the core of this ERM implementation is the utilization of Control Self-Assessment (CSA) both as a process and a method to engage management and employees in identifying, analysing and mitigating risks.
Databáze: OpenAIRE