sarbanes-oxley act of 2002
Give this one a try later!
, -a federal statutory law governing corporate directors in the areas of
investor protection, internal controls, and penalties, both civil and criminal
-requires an officer of a reporting org to certify that controls are in place
to ensure the accuracy of the financial info being reported
-also requires management and external auditors to report on the
adequacy of the org's internal controls on financial reporting
evidence-based regulation
Give this one a try later!
a regulatory approach that collects and uses objective performance data
to set, evaluate, and improve policies
treat risks
Give this one a try later!
compare the total level of risk determined during the risk analysis with
established risk criteria to guide decisions
BCM
Give this one a try later!
, concentrates on efforts undertaken after an event and strives to reduce
the blow to the organization while restoring regular operations as quickly
efficiently as possible
BCP elements
Give this one a try later!
-time goal
-operational goal
-resources needed
-details tasks and procedures
-documentation
risk management role
Give this one a try later!
-designs and implements the risk mgmt plan in accordance with the board
-works with the business managers to establish internal risk mgmt controls
-monitors risk levels within the org
-identifies and quantifies new, emerging risks and recommends
appropriate responses
-is accountable for whether the risk mgmt plan is effective
artificial intelligence
Give this one a try later!
, -allows machines to simulate human intelligence and perform tasks that
require critical thinking
-machines are trained then it establishes auto responses based on a set of
rules
risk management process activities
Give this one a try later!
-scan environment
-identify risks
-analyze risks
-treat risks
-monitor and review
effective compliance program
Give this one a try later!
include integrating risk management and internal audit functions across the
entire organization, rather than siloing those functions
risk appetite
Give this one a try later!
the amount of risk an organization is willing to take on in order to achieve
an anticipated result or return
Give this one a try later!
, -a federal statutory law governing corporate directors in the areas of
investor protection, internal controls, and penalties, both civil and criminal
-requires an officer of a reporting org to certify that controls are in place
to ensure the accuracy of the financial info being reported
-also requires management and external auditors to report on the
adequacy of the org's internal controls on financial reporting
evidence-based regulation
Give this one a try later!
a regulatory approach that collects and uses objective performance data
to set, evaluate, and improve policies
treat risks
Give this one a try later!
compare the total level of risk determined during the risk analysis with
established risk criteria to guide decisions
BCM
Give this one a try later!
, concentrates on efforts undertaken after an event and strives to reduce
the blow to the organization while restoring regular operations as quickly
efficiently as possible
BCP elements
Give this one a try later!
-time goal
-operational goal
-resources needed
-details tasks and procedures
-documentation
risk management role
Give this one a try later!
-designs and implements the risk mgmt plan in accordance with the board
-works with the business managers to establish internal risk mgmt controls
-monitors risk levels within the org
-identifies and quantifies new, emerging risks and recommends
appropriate responses
-is accountable for whether the risk mgmt plan is effective
artificial intelligence
Give this one a try later!
, -allows machines to simulate human intelligence and perform tasks that
require critical thinking
-machines are trained then it establishes auto responses based on a set of
rules
risk management process activities
Give this one a try later!
-scan environment
-identify risks
-analyze risks
-treat risks
-monitor and review
effective compliance program
Give this one a try later!
include integrating risk management and internal audit functions across the
entire organization, rather than siloing those functions
risk appetite
Give this one a try later!
the amount of risk an organization is willing to take on in order to achieve
an anticipated result or return
