open source qr code reader vb.net Risk Management: A Maturing Discipline in Software

Encode USS Code 128 in Software Risk Management: A Maturing Discipline

Risk Management: A Maturing Discipline
Scan Code 128B In None
Using Barcode Control SDK for Software Control to generate, create, read, scan barcode image in Software applications.
Code 128C Printer In None
Using Barcode encoder for Software Control to generate, create Code 128 Code Set A image in Software applications.
F I G U R E 1-6
Code 128 Code Set B Reader In None
Using Barcode recognizer for Software Control to read, scan read, scan image in Software applications.
Code 128 Code Set A Printer In Visual C#
Using Barcode creator for Visual Studio .NET Control to generate, create Code 128 image in .NET applications.
Enterprise Risk Management Point of View. (Source: Ernst & Young LLP, a member of Ernst & Young Global. Copyright 2002 by Ernst & Young LLP; reprinted with permission of Ernst & Young LLP.)
Create ANSI/AIM Code 128 In .NET
Using Barcode maker for ASP.NET Control to generate, create Code-128 image in ASP.NET applications.
Code 128 Encoder In Visual Studio .NET
Using Barcode maker for .NET Control to generate, create ANSI/AIM Code 128 image in .NET framework applications.
nt eme nag ons ma t i sk f unc
Making Code 128 In VB.NET
Using Barcode encoder for Visual Studio .NET Control to generate, create USS Code 128 image in Visual Studio .NET applications.
Bar Code Creation In None
Using Barcode drawer for Software Control to generate, create bar code image in Software applications.
embedded
Painting Bar Code In None
Using Barcode creator for Software Control to generate, create barcode image in Software applications.
Code 39 Creation In None
Using Barcode generator for Software Control to generate, create Code 3 of 9 image in Software applications.
cult u cap re an abi d l it y
UPC-A Generator In None
Using Barcode printer for Software Control to generate, create UPC-A image in Software applications.
European Article Number 13 Printer In None
Using Barcode drawer for Software Control to generate, create EAN 13 image in Software applications.
shareholder value based
Create Monarch In None
Using Barcode generator for Software Control to generate, create Ames code image in Software applications.
GS1 - 12 Printer In Java
Using Barcode printer for Java Control to generate, create UPC-A Supplement 5 image in Java applications.
orte supp d and assured
Make GS1-128 In C#.NET
Using Barcode creation for Visual Studio .NET Control to generate, create EAN128 image in .NET framework applications.
Code 128C Generator In .NET
Using Barcode generator for Reporting Service Control to generate, create Code128 image in Reporting Service applications.
stakeholder
Print UPC A In None
Using Barcode encoder for Font Control to generate, create UPC-A Supplement 2 image in Font applications.
Drawing Data Matrix In None
Using Barcode generator for Font Control to generate, create Data Matrix ECC200 image in Font applications.
risk st rategy
Making Barcode In Java
Using Barcode creator for Android Control to generate, create barcode image in Android applications.
Draw EAN / UCC - 14 In .NET
Using Barcode creator for .NET Control to generate, create USS-128 image in .NET framework applications.
An evolved governance practice that champions an effective enterprisewide risk management system Competent and integrated risk management capabilities for effective risk identification, assessment, and management
Coopers & Lybrand has developed its own version of an enterprisewide risk management solution in the form of generally accepted risk principles (GARP).8 The GARP approach seeks to distil and codify major principles for managing and controlling risk from the guidance issued to date by practitioners, regulators, and other advisors. The framework uses the experience and expertise of all parties involved in its development to expand these principles so as to establish a comprehensive framework within which each firm can manage its risks and through which regulators can assess the adequacy of risk management in place. It presents a set of principles for the management of risk by firms, and for the maintenance of a proper internal control framework, going further than the mere assessment of the algorithms within risk management models. It covers such
t echnol ogy
communications
ma pro nagem ces ent s
r evi
ewed
e nc na r gove
ri s
matters as the organization of the firm, the operation of its overall control framework, the means and principles of risk measurement and reporting, and the systems themselves. The approach is based around principles, each of which is supported by relevant details. The extent of the detail varies depending on the principle concerned. In all cases, the guidance provided is based on the assumption that the level of trading in a firm is likely to give rise to material risks. In certain cases an indication of alternative acceptable practices is given. KPMG has developed a risk management approach based on the shareholder value concept, in which the value of an organization is not solely dependent on market risks, such as interest or exchange rate fluctuations. It is much more important to study all types of risks. This means that macroeconomic or microeconomic risks, on both the strategic and operational levels, have to be analyzed and considered in relation to every single decision. An organization can seize a chance for lasting and long-term success only if all risks are defined and considered in its overall decision-making process as well as in that of its individual business units. KPMG assumes (as do other leading companies) that the key factor for a total risk management approach is the phase of risk identification, which forms the basis for risk evaluation, risk management, and control. Figure 1-7 shows the Risk Reference Matrix, KPMG s systematic and integrated approach to the identification of risk across all areas of the business.9 This is a high-level overview, which can be further broken down into details. Many other approaches from leading consulting and auditing practices could be mentioned. They all assume that they have a framework that contains all the risks that must be identified and measured to get the overall risk management. Figure 1-8 shows a risk map that covers many different risk areas, from a high-level to low-level view. From an analytical standpoint, it looks consistent and comprehensive, covering all risks in an extended framework. The allocation of individual risks may be arbitrary, depending on what concept is used. But the combination and complexity of all risks, their conditions and assumptions, might make it difficult to identify and measure the risk for an enterprisewide setup. In practice, significant problems often occur at this stage. A systematic and consistent procedure to identify risk across all areas of the business, adhering to an integrated concept, is essential to this first sequence of the risk management process. But this integrated concept is, in certain regards, a matter of wishful thinking. The definition of certain individual risks for example, development, distribution, and technology risks is not overly problematic. The concepts span the complete range of risk terms. But in many cases the categorization and definition of some terms are ambiguous. One example is the term liquidity. Liquidity can be seen as
Copyright © OnBarcode.com . All rights reserved.