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Is risk management an objective of IC?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Is risk management an objective of IC?

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by shine05.
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  • September 21, 2012 at 1:32 am #54275
    shine05
    Member
    • Topics: 4
    • Replies: 16
    • ☆

    Dear Gromit,

    Is risk management an objective of internal control? As my understanding, risk management is a process to manage the risk to risk appetite level, so risk management should be a component of internal control, is that right?

    Regards,
    Shine

    September 23, 2012 at 5:54 pm #104725
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    Business risk is not on the F8 syllabus, so don’t worry about risk management.

    September 28, 2012 at 1:51 am #104726
    shine05
    Member
    • Topics: 4
    • Replies: 16
    • ☆

    Thanks 🙁

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