How to assess risk with a control matrix
We have already explained how to identify and rate risks according to the established scales. Now we will show you how to assess them using a control …
How to rate risks using the control matrix approach
In a previous article, we discussed how to identify risk by designing a control matrix. The identification of the risks is followed by their rating an …
3 tips for identifying risks
Identifying risk is the first step towards good management. Here are 3 things to consider as you go through this process.
Key Elements of an Internal Control Environment
The internal control environment is one that influences the members of an organization and the control of its activities. This environment is the base …
