تم إضافة السؤال من قبل
Khalil Alkhudhari CIA IFC IFSAH
, Head of Internal Audit & Audit Committee Secretary , Abdulsamad Alqurashi Group
تاريخ النشر: 2013/04/18
من قبل
Muhammad Nouman , Mobilink Service Point Coordinator , Mobilink GSM (PMCL)
risk have many terms evry thing has its own risk for example finance has its different risks and investment and accounting als have different from each other the best example of risk in term of Investment the difference between expected return and actual return is called risk
The IIA defines risk as follows:
The possibility of an event occurring that will have an impact on the achievement of objectives.
ISO 31000 defines risk as :
Risk is “effect of uncertainty on objectives”
Risk is an event or set of events to which probability can be assigned. Risk exists when the decision maker is in a position to assign probabilities to various out comes and this happens when he is in possession of historical data on the basis of which he can assign probabilities.
For details see my presentation on Risk and uncertainty-http://www.slideshare.net/syedmuhammadijaz/risk-and-uncertaintylecture2