How the Board makes sure that controls work, risks are understood and managed, and the company can withstand and recover from disruption.
In this section
5.2.1 | Control environment | 100 |
5.2.2 | Internal control framework | 105 |
5.2.3 | Risk governance, Three Lines Model | 112 |
5.2.4 | Resilience: crisis preparedness, business continuity and recovery | 124 |
5.2.5 | Cybersecurity and information security oversight | 132 |
5.2.6 | Internal and external audit | 137 |
- 5.2.1 Control environment
The control environment of an organisation refers to the collective attitude, awareness and actions of the Board, management and employees towards…
- 5.2.2 Internal control framework
Internal control is a complex and continuous process that includes the selection and application of various internal control measures, thereby increasing…
- 5.2.3 Risk governance, Three Lines Model
The complexity of the business environment and growing uncertainty demand from companies and their Boards a deep understanding of the link between risk…
- 5.2.4 Resilience: crisis preparedness, business continuity and recovery
Corporate resilience is the ability of a company to anticipate, prepare for, respond to and recover from significant disruptions while protecting its…
- 5.2.5 Cybersecurity and information security oversight
With increased reliance on digital technologies, cybersecurity has become a significant concern. The Board is responsible for overseeing the company’s…
- 5.2.6 Internal and external audit
The Board (with the support of the audit committee) is responsible for the proper oversight of the company’s control system. In this regard, the best…
