Blog / Governance, Risk and Compliance (2)

The internal control environment is one that influences the members of an organization and the control of its activities. This environment is the baseline of corporate risk management, providing discipline and structure, as well as impacting all components of risk …

A risk indicator is a component whose values are calculated on the basis of historical data. This is how the risk factors to which a company is exposed are represented. The use of indicators is important because it allows a …

Key Risk Indicators, or KRIs, are metrics used to determine the potential for an eventual risk and to take timely action. KRIs serve as a kind of alarm that warns when something is not working the way it should. For …