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Assess Risk

The first step in any review is to assess which areas are more prone to risk and then to establish appropriate responses to each risk.

 

 

Case Studies / Articles

Sarbanes Oxley:Hidden Shoals for the Unwary (CARDDecisions) - I found so many enlightenment points reading this article that I suggest it to anyone completing risk assessment of their Sarbanes-Oxley project.

   

 

Tools / Links

Risk Management Standards - Provides links to all major risk assessment standards.

        

Moving Beyond Sarbanes-Oxley To Improved Governance Using Software Tools - Explains how software tools can help raise the bar on a Sarbanes-Oxley effort to an enterprise risk management program....and what to look for in these tools. Accounts Payable Risk Assessment - Excel document providing a framework for completing a risk assessment in accounts payable.

  

A Practical Model for Risk Assessment and Prioritization (ITAudit) - Provides a tool for quantifying individual risks.

  

Risk Management Tool Case Study - In this case study, Balfour Beatty construction company explains their efforts of using a risk management framework approach along with a software package to get a handle on their organizational risks.

   

A Road Map To Risk Management (AICPA) - Provides a step by step process to assessing organizational risks.

  

Sarbanes Oxley Strategies (CARDDecisions) - Provides the entire Sarbanes-Oxley Act, overview of what to do, ROI, etc.  It is chock full of good ideas for implementation.

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