NFPA 70E, Standard for Electrical Safety in the Workplace, frequently mentions “risk assessment.” But what does this mean, and how do you perform such an assessment? Informative Annex F answers those ...
Identify hazards. Assess risks. Implement risk control according to the hierarchy of risk control methods. The first Informational Note following this says the risk assessment procedure could identify ...
Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.
Every business needs a risk management plan, whether it is as simple as purchasing liability insurance or so complex as to require full-time risk managers to execute it. Risk assessment and ...
Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...
The Environmental Protection Agency's logo is displayed on a door at its headquarters on March 16, 2017, in Washington, D.C. (Photo by Justin Sullivan/Getty Images) The Environmental Protection Agency ...
The introduction of process safety system–specific malware into the manufacturing world in 2017 intensified the discussion around the convergence of safety and cybersecurity. If a cyberattack could ...
Environmental contamination control is a crucial aspect of sterile pharmaceutical manufacturing, and risk management is needed to guarantee that the necessary control procedures are in place. The risk ...