Internal Controls & Risk Management

Risk Management

Risk management is now considered a true value driver with many in the business world placing a premium on businesses that have adopted a risk management approach.Government is also demanding an increased focus on risk management within its own organisations. 

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Operating principles of internal control

To ensure successful business operations, the company must continuously control its operations. The company has defined its operating principles of internal control as follows:

The Board of Directors is responsible for ensuring that the company has defined the operating principles of internal control and that the company regularly monitors the effectiveness of such control.

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Internal Control & Risk Management

The purpose of internal control and risk management is to ensure the effective and successful operation of the company, reliable information and compliance with the relevant regulations and operating principles. Internal control helps improve the effective fulfilment of the Board's supervising obligation.