risk assessments
1ISA 400 Risk Assessments and Internal Control — is one of the International Standards on Auditing. It serves to require the auditor is to understand the client s accounting system and internal control system and to assess control risk and inherent risk. The objective is to determine the nature …
2Risk assessment — is a common first step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of… …
3Risk — 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… …
4risk assessment — noun A complete description of the safety of something, eg a nuclear plant, to evaluate the likelihood and consequence of any possible accident • • • Main Entry: ↑risk * * * risk assessment UK US noun [countable/uncountable] [singular risk… …
5risk assessment — In the context of employment law, an assessment of the levels of harm which may be involved in various workplace activities and as a result of using equipment required to carry these activities out and the likelihood of such harm occurring. Risk… …
6Risk 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,… …
7Risk Control — The method by which firms evaluate potential losses and take action to reduce or eliminate such threats. Risk control is a technique that utilizes findings from risk assessments (identifying potential risk factors in a firm’s operations,… …
8risk assessment — (in psychiatry) an assessment of the risk that a patient may pose at a given time, which is part of every mental state examination. Risk assessments are based primarily on past behaviour and certain aspects of current behaviour. They are usually… …
9Risk register — A risk register is a tool commonly used in project planning and organisational risk assessments. It is often referred to as a Risk Log (for eg in PRINCE2).This tool is widely used within Risk Management for identifying, analysing and managing… …
10Risk Assessment — The process of determining the likelihood that a specified negative event will occur. Investors and business managers use risk assessments to determine things like whether to undertake a particular venture, what rate of return they require to… …
