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The Paradox of a Predictable Failure in Risk Management

The current crisis the world fell into two years ago had certainly the widest range of qualifying attributes: financial, economic, social, industrial, and maybe lethal as it dramatically affected and eventually destroyed lives beyond the point of no return. Described … Continue reading

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Still Using Spreadsheets for Managing Risks? – Switch to Risk Management Software

Managing risk is essential in every organization to accomplish its key objectives effectively. Risk management not only requires a reliable process to capture risks, but also needs a mechanism to document and administer the organization’s response. An appropriate risk management … Continue reading

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Risk Management in Accounting Firms: Overview of The New Australian Standards

INTRODUCTION At its most basic level, risk is defined as the probability of not achieving, or reaching, certain outcomes (goals). Risk is measured in terms of the effect that an event will have on the degree of uncertainty of reaching … Continue reading

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