Audit & Assurance DisciplineĪ critical discipline that provides methods to enhance confidence that the organization is reliably achieving objectives, addressing uncertainty, and acting with integrityĪn emergent property of a group of people caused by the interaction of individual beliefs, values, mindsets, and behaviors and demonstrated by observable norms and articulated opinions that shape beliefs, values, mindsets, and behaviors in wide-ranging and durable ways. Security & Continuity DisciplineĪ critical discipline that provides methods to identify and address threats to critical physical and digital assets and infrastructure. Compliance & Ethics DisciplineĪ critical discipline that provides methods to identify and address mandatory and voluntary obligations and the underlying ethical principles and values. Risk & Decision Support DisciplineĪ critical discipline that provides methods to identify and address the effect of uncertainty on objectives, including ways to support decisions under uncertainty. Strategy & Performance DisciplineĪ critical discipline that provides methods to guide, arrange and operate resources to achieve objectives and monitor performance. Governance & Oversight DisciplineĪ critical discipline that provides methods to guide, constrain and conscribe the organization to achieve its purpose, mission, vision, and values. The background disciplines that comprise the interdisciplinary approach to GRC, including: Governance & Oversight, Strategy & Performance, Risk & Decision Support, Compliance & Ethics, Security & Continuity, and Audit & Assurance. Assurance AssessmentĪn objective and competent evaluation of subject matter to provide conclusions and confidence that statements and beliefs about the subject matter are justified and true. Level of AssuranceĪ measure of the degree of confidence that an assurance provider can deliver to an information consumer about statements an information provider makes about the subject matter. Identifiable statements, conditions, events, or activities for which there is evidence. The act of judging subject matter by comparing evidence against suitable criteria. The degree to which an Assurance Provider can use sophisticated, professional, and structured techniques to evaluate subject matter. The degree to which an Assurance Provider can be impartial, disinterested, independent, and free to conduct necessary activities and to form an opinion about the subject matter. Someone who conducts assurance activities. The act of objectively and competently evaluating subject matter to provide conclusions and confidence that statements and beliefs about the subject matter are justified and true. Insurance, captives, hedging, reserves, or other financial instruments used to address risk, reward, and compliance. Hardware and software systems used to address risk, reward, and compliance. Information Actions & ControlsĬommunications and reports up, down, and across the organization used to address risk, reward, and compliance. Physical safeguards, barriers, or constraints, such as fences, locks, guards, cameras, or other protective mechanisms, used to address risk, reward, and compliance. Process Action & Controlsĭecisions about how and when to perform activities, and where and to whom to assign accountability used to address risk, reward, and compliance. Human factors, including structure, accountability, education, and enablement used to address risk, reward, and compliance. Policy Action & Controlsįormal statements and rules about organizational intentions and expectations used to address risk, reward, and compliance. A method to organize actions & controls, according to the specific resources they involve.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |