by Sikandar Usmani | Oct 31, 2024 | Risk Management
What do international standards, several best practices and a multitude of frameworks over risk management have in common? Certainly, their aim and objectives. But a little less obvious is their approach. They intend for us to be systematic, disciplined, meticulous,...
by Sikandar Usmani | Mar 9, 2024 | Risk Management
A dedicated resource for Risk Management? If you believe the Enterprise Risk Management (ERM) Integrated Framework, the ISO 31000 Risk Management or any other guideline you followed for getting acquainted with the concept, requires an investment in a dedicated...
by Sikandar Usmani | Dec 15, 2023 | Internal Control, Risk Management
Internal Audit for Non-Going Concern (NGC) entities? Well, you may as well have it, if you’ve invested in it! Indeed, internal audit is forward looking, it is futuristic, because it is improvement and evolution centric by concept and design. And NGC entities are...
by Sikandar Usmani | Dec 1, 2023 | Risk Management
Is it really that the auditors talk about risk every time, all the time? That’s true but not as much as clients do! Last week, speaking to a colleague I tried figuring out the reason of why the residential site club facility was closed on midday at a weekend. Here’s...
by Sikandar Usmani | Nov 15, 2023 | Internal Control, Risk Management
The legend says it’s Internal Auditors. Fact is they aren’t because they can’t be. But folklore does not require a rethink, and professionalism doesn’t come cheap and doesn’t always make sense to the traditionally attuned. Moreover, the mere thought of being behind...