Managing Risks and Preparing a Risk Register

One of the rules of governance is the development of well systems for risk management and internal control, and among the tools for applying this rule is monitoring and analyzing the risks arising from any transactions that take place between the company and a related party. Risk management in business entities has received increasing attention recently due to its impact on the stability of and the continuity of business entities. This interest has evolved into the establishment of specialized professional institutions concerned with issuing the theoretical framework for risk management, which includes international standards that work to unify understanding, implementation and reporting within a common framework within one country and at the level of countries around the world. The TAWKID team will provide services preparing a macro risk register for economic activity, identifying and evaluating collection of latent risks surrounding the different economic activities to the business entities that support the trust of all stakeholders in the business entity.