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risk management

By Norman D. Marks, CPA, CRMA | 2 Minutes Read March 15, 2023

The risk is assessed as high. So what?

risk managementWhile there may be a debate whether risk should be assessed using qualitative or quantitative measures, I believe that is answering the wrong question. Knowing what the level of risk is, even whether it is an unacceptable level of risk, is insufficient information.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology / assessing risk, business risk, internal control, risk management Leave a Comment

By Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) | 2 Minutes Read March 2, 2023

Transferring risks through insurance

risk managementInsurance is one way for not-for-profits to manage risks, by shifting or transferring risks to an insurer in exchange for a premium.

Article by Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) / Business, Not for Profit / insurance, internal control, not-for-profit, risk management, transferring risk Leave a Comment

By Norman D. Marks, CPA, CRMA | 3 Minutes Read February 15, 2023

Putting cyber risk into business perspective

risk managementI am in the process of writing a new book intended as guidance for senior management and board members on decision-making when it comes to cyber risk.

Article by Norman D. Marks, CPA, CRMA / Business, Information Technology / Business, business risk, cyber risk, Data breach, internal control, risk, risk management Leave a Comment

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