The 2021 Global State of Enterprise Risk Oversight, 4th edition, a joint commission with NCSU and AICPA-CIMA, reports on the ever-evolving status of risk globally. Focused upon 4 geographic areas, the effects of the pandemic, geo-political events, cyber threats, and rapid innovation have affected responses and actions of all entities. The content focuses upon five prevalent themes and contain questions and spur consideration of the enterprise risk management function.
After discussing how to measure risk appetite last week, this time Tony and John discuss the role of control appetite, which is the cost and resources associated with controlling risks. This exert is taken from their book Mastering Risk Management… Some people may think that risk appetite includes controls. However, control appetite is fundamentally …
Controlling your appetite – the role of controls in risk appetite Read More »
