Management and Compliance: How do other organizations define and conceptualize business process risk and how do they select controls to address that risk?

Risks are commonly categorized as strategic, reputational, operational, financial, or compliance-related, internal audit being independent from management can also review and advise on the audit the risk management process used by management to systematically identify the risk impacting the business, uniquely, enterprise resource planning (ERP) is business management software, typically Read more…