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By Norman D. Marks, CPA, CRMA | 3 Minutes Read April 21, 2021

A simple risk-driven decision technique

Even as a youth, I was told to consider my options when I was making an important decision. My parents taught me to take a piece of paper, draw a line down the middle, and write down the “pros” on one side and the “cons” on the other.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology / objectives, pros and cons, return on invest, risk, risk-driven decision technique

By Norman D. Marks, CPA, CRMA | 3 Minutes Read March 17, 2021

Agile risk management

digital discriminationHow do you know whether to speed up (take the risk), slow down (minimize a risk), or even stop if you don’t understand all the things that might happen? You have to be able to assess and evaluate both the good and the bad so what you put on each side of the scale is in fact comparable.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology / agile risk management, objectives, risk, speed and volatility of change, strategic planning, strategic risk management

By Norman D. Marks, CPA, CRMA | 3 Minutes Read January 20, 2021

Identifying the risks for 2021

digital discriminationRichard Chambers has shared his valuable insights in another post. In Europe’s Internal Auditors Are Already Identifying the Risks for 2021 he makes a number of excellent observations, especially his opening paragraph.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology / audit, objectives, risk, risk and opportunity, risk assessment

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