JOURNAL OF AN AUDITOR

RISK MANAGEMENT ( ISO 31000 ): ISO 31000 What Is The Risk? The risks cannot be estimated previously. The risks have uncertainty which are coming negative or positive outcomes. At the same time the risk also means threats which is negative consequences. The risks can change of depends on time, situation, and place. The risks are uncertainy effect on the objectives. These effects can be a negative or positive. The goals of risks has different subject (for example; finance, health and security, enviromental goals) and apply different levels (for example; strategy, production, project). There are a huge difference between risk management and managing risk. Risk management is to manage risks effectively, i.e. to manage goals and objectives (for example; principle, frame, process). Managing risk means that to apply this structure to specific risks.   What Is The Risk Management and How? All company’s organization process include the risks. In ...

How to prepare the checklist? What should have to be done before preparing the checklist? What are the benefits of preparing checklist? In order to prepare the checklist, you should analyze carefully what are the processes that you are using. According to company-organization scope, the processes are varying. Before preparing the checklist, it is necessary to carefully analyze what the scope of the business contains. According to scope,the company’s objectives, goals, policy, organizational chart, and related processes  will will be revealed completely. Every processes are connected with each other. Objectives of each process, according to its performance tracking, workflows, procedures, strong- weakness sides, opportunities- threats, and check lists are unique. Because of each process is in the form of an interconnected chain, there are inputs and outputs of the processes. While preparing the checklist, it is necessary to prepare...