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risk appetite

By Norman D. Marks, CPA, CRMA | 2 Minutes Read September 21, 2022

A twist on risk appetite

The standard definition of risk appetite is “the amount of risk you are willing to take in the pursuit of objectives”.

Article by Norman D. Marks, CPA, CRMA / Finance and Accounting / compliance, cyber breach, cyber risk, Internal Controls, reputational risk, return on investment, risk, risk appetite, safety risk Leave a Comment

By Norman D. Marks, CPA, CRMA | 4 Minutes Read January 19, 2022

A tale of two (risk) cities

Let me tell you a story because it is the time of year for fables. A Scottish company (Dundee Ltd) is growing rapidly after only a couple of years in existence and needs to find a supplier that has the capacity to scale up to meet increasing demand.

Article by Norman D. Marks, CPA, CRMA / Finance and Accounting / Business, Internal Controls, risk, risk appetite, risk appetite statements, risk management

By Norman D. Marks, CPA, CRMA | 3 Minutes Read December 16, 2020

Are you hungry for a better approach to risk appetite?

two people workingNorman Marks discusses points from a recent paper, Feeling hungry? A simpler, more intelligent approach to risk appetite, written by Chris Burt of Halex Consulting.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting / Internal Controls, risk, risk appetite, risk to objectives, strategic objectives, strategic risk management

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