New Paradigm of Managing Risks: Risk and Control Self-assessment

Submitted on 7th September 2017

The implementation of enterprise risk management (ERM) has been widely discussed among contemporary corporate boards and executives. Within the ERM framework, an entity is expected to make a paradigm shift of managing its risk, from that of silo or partial to a more integrative approach where all employees are involved in the process. At the core of this ERM implementation is the utilization of Control Self-Assessment (CSA) both as a process and a method to engage management and employees in identifying, analysing and mitigating risks.

Agriculture and Agricultural Science Procedia
Length of Resource
3 pages
Deddy Jacobus
Date Published
Publication Type
Resource Type