Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What's the meaning of risk ?

user-image
Question added by Khalil Alkhudhari CIA IFC IFSAH , Head of Internal Audit & Audit Committee Secretary , Abdulsamad Alqurashi Group
Date Posted: 2013/04/18
Majed AlKhudari - CIA
by Majed AlKhudari - CIA , Finance Manager , Saudi Tianyuan for Food Industries LLC

risk is any thing or behavior if done will lose for company

Khalil Alkhudhari  CIA IFC IFSAH
by Khalil Alkhudhari CIA IFC IFSAH , Head of Internal Audit & Audit Committee Secretary , Abdulsamad Alqurashi Group

thanx guys

davies muntanga
by davies muntanga , Finance & Human Resource Manager , Zambezi Sawmills Ltd

anything where the probability of loss is high

رامي الخالد
by رامي الخالد , محاسب , شركة التنمية الكبرى

thats right majed

Hussein Ibrahim
by Hussein Ibrahim , Chief Accountant , Eastern Province Cement Company

A risk is anything that endangers the achievement of an objective

Muhammad Nouman
by 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

Deleted user
by Deleted user

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”

Ahmed Tork
by Ahmed Tork , Senior Manager , Protiviti Consulting

Risk is a what could go wrong event which have a negative impact on the company's strategic, financial and operational objectives.

Deleted user
by Deleted user

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

samer alrashed
by samer alrashed , مدقق داخلي , شركة التنمية الكبرى

this is a nice question we can say risk is any thing affect negative on company

ehab elsayed
by ehab elsayed , senior accountant , lagoon company for care and medical serviceL

potential events that effect the may effect the entity ,its initiation from within or from outside of entity

More Questions Like This