Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… … Wikipedia
risk — The *probability of the occurrence of an event with negative consequences. The IIA defines risk as the probability that an event or action, or inaction, may adversely affect the organization or activity under review (quoted in Hermanson and… … Auditor's dictionary
Operational Response Group — Active 2005 present Country … Wikipedia
Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… … Wikipedia
Operational risk — Categories of financial risk Credit risk Concentration risk Market risk Interest rate risk Currency risk Equity risk Commodity risk Liquidity risk Refinancing risk … Wikipedia
Operational due diligence (alternative investments) — The phrase Operational Due Diligence (ODD), in the context of alternative investments such as hedge funds (or private equity, infrastructure, real estate, commodities and so on), means different things to different people. As the words themselves … Wikipedia
risk management — The assessment, evaluation, and monitoring of *risks in an activity or organization, with the undertaking of necessary corrective actions. Risk management is a comprehensive process that aims to create a disciplined environment for the… … Auditor's dictionary
operational risk — The risk of direct or indirect loss resulting from inadequate or failed internal processes and systems, or from a wide variety of external events. The control of operational risk has been the object of much attention in recent years, for example… … Accounting dictionary
operational risk — The risk of direct or indirect loss resulting from inadequate or failed internal processes and systems, or from a wide variety of external events. The control of operational risk has been the object of much attention in recent years, for example… … Big dictionary of business and management
Internal control — In accounting and organizational theory, Internal control is defined as a process effected by an organization s structure, work and authority flows, people and management information systems, designed to help the organization accomplish specific… … Wikipedia
internal control — A physical or procedural mechanism that monitors and reduces *risk in an organization’s financial and operational activities. In its 1992 report *Internal Control Integrated Framework, the *Committee of Sponsoring Organizations of the Treadway… … Auditor's dictionary
