Risk Management Associated with Control Activities

The 9th International Conference on Mechatronics and Precision Engineering, June 12th-14th, 2008

4 Pages Posted: 9 Jan 2009

See all articles by Ionel Bostan

Ionel Bostan

Stefan cel Mare University

Petru Condrea

Gheorghe Asachi Technical University of Iasi

Date Written: January 8, 2009

Abstract

In management, it is important to identify, classify and process risks according to the probability of their occurrence and imminence of the impact to produce and one must be convinced that not all risks can be approached. Risk is the threatening that an action or event negatively affects the capacity of an organization to achieve its established goals. The possible risks are identified on each item of the entity/ function/ activity/ program/ process/ operation, followed by their permanent evolution monitoring so as to establish which are the most likely to occur

Keywords: Management of risk, internal control, audit

JEL Classification: M49

Suggested Citation

Bostan, Ionel and Condrea, Petru, Risk Management Associated with Control Activities (January 8, 2009). The 9th International Conference on Mechatronics and Precision Engineering, June 12th-14th, 2008, Available at SSRN: https://ssrn.com/abstract=1324963 or http://dx.doi.org/10.2139/ssrn.1324963

Ionel Bostan (Contact Author)

Stefan cel Mare University ( email )

University Street, No.13
Suceava, Suceava
Romania

Petru Condrea

Gheorghe Asachi Technical University of Iasi

Bulevardul Profesor Dimitrie Mangeron 67
Lasi, 700050
Romania

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
266
Abstract Views
1,151
Rank
209,215
PlumX Metrics