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The Role Corporate Governance Plays in Risk Management

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The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance. Modern corporate governance practices provide assurance that enables boards to take smarter risks.

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Risk Assessments and Internal Controls

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Internally generated reports periodically summarize audit results and control activities for auditors and stakeholders to consider. They include fraud, security failure, legal breaches, environmental hazards, or natural disasters. Information and communication. Monitoring activities. It is often related to control and residual risks.

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