In this video I try to explain in simple words the background and a high-level overview of ISO 31000 risk management framework.
Organizations employ ISO 31000 framework, which is one of two widely accepted risk management framework, to assist manage risks in an increasingly turbulent and unpredictable business environment.
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ISO 31000 - Risk Management Framework (Simple Explanation)
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cia part 1gleimciaobjectivityindependenceproficiencydue professional carequality assuranceimprovement programboardaudit committeeauditinternal auditexternal auditfinancial auditrisk managementimpairmentfinancestatutory auditriskoperational riskiso 31000ermcosoaccacpaexampassingtechniquesiiaaudit planrisk assessmentrisk mitigationfraudinternal controlcontrolsrisk matrixrisk appetitetolerancestuployergovernanceCSRiso
