Home  Journals  International Accounting  29(275) - 2013 August

Method of risk management of financial and economic activity in organization

Available online: 7 August 2013

Subject Heading: AUDIT ACTIVITY

JEL Classification: 

Risk is inherent in any activity. Entrepreneurship involves the voluntary acceptance of the risk in order to receive future benefits, so fair to say that risk management is in any enterprise. And how this process is organized: spontaneously or intentionally - the question of corporate culture. A higher level of risk management is provided by the creation of the internal control system (ICS), which, in contrast to, for example, the head and chief accountant, is engaged in the control of the enterprise risks, do not combine this work with the other.

Keywords: internal control, risk, risk management, internal audit

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ISSN 2311-9381 (Online)
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