P2ST2 Methodology in Risk Controls
Risk controls are one of the most common processes that needs to be assessed during a risk assessment. Crest Advisory Africa (Pty) Ltd (hereinafter CA...
Internal Control Effectiveness (ICE) Methodology in Practice
In the previous articles we have been unpacking various risk-based methodologies, such as the P2ST2 and the Internal Control Methodology. Based on thi...
Risk Management vs Internal Audit
Yesterday I came across a discussion piece in a Risk Managers group that I am a member of. The topic was about the relationship between Internal Audit...
The Top-Down and Bottom-Up Approaches in Enterprise Risk Management (ERM)
Over the years that I was involved in Risk Management, I have been fortunate to serve on several high-level Risk and Strategy committees, from Governm...
Internal Control Effectiveness (ICE) Methodology in Risk Controls
Over the years of Risk Training, Advisory and Consulting, one specific challenge that stood out for me is that risk registers are not using a methodol...
Unlocking Success: How Internal Audit Strengthens Risk Management for Strategic ...
Risk Management is an internal structure to drive the Strategic Objectives of the company it serves. Thus, the Risk Management function is the custodi...