Calendar year 2023 audits will require auditors to follow revised risk assessment guidance. Changes to the concept of significant risk may impact how you perform risk assessment procedures and how you ...

A report that shows an organization's vulnerabilities and the estimated cost of recovery in the event of damage. It also summarizes defensive measures and associated costs based on the amount of risk ...

Tracy Harding, CPA, was on his way to work and looking forward to completing an audit he was working on. But on the way in, he heard a news report that changed the objective of his day. A local ...

Standalone risk refers to the risk tied to a single unit or asset, isolated from a portfolio. Understand its significance with examples and measurement formulas.

To deliver personalized solutions, financial advisors must measure investment risk with confidence. What does Morningstar’s Portfolio Risk Score do? What does Morningstar’s Portfolio Risk Score do?

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

One the most challenging areas facing healthcare organizations today is the decision to adopt an electronic health records system. This decision involves significant financial resources and time ...

Risk assessment is the systematic process of identifying, evaluating, and prioritizing potential risks that could adversely affect individuals, organizations, or communities. In the context of ...