The Controls

What are the Controls? Control is a vague word that covers various activities. Controls can take place at two levels. controls are also part of an Internal Control Framework. What are controls anyway ? One of the definition of Webster’s dictionary is : “to check,...
Risk Definition

Risk Definition

Risk? What risk? As we define risk, we will see it has two aspects. Both have to be considered for all events to be covered. What is risk anyway? Risk, in a usual definition, is a negative notion. The first definition given by the Webster dictionary is: “possibility...
What about risk Management?

What about risk Management?

What about risk Management? Risk management is a topic that might seem very costly and very complex to some of us. Actually, managing risk is something most of us do. You just need to manage it sensibly. Risk Management is a guide. How did I see Risk Management...