The impact of modern slavery
Rounding up ICAEWs resources in this area
Risk management
Resources to help manage risk in your organisation
In this section
Articles and features
When AI can fall foul of bias
How to safeguard your programs from bias
The vital role of Internal Audit
IA’s important role in a strong organisation
Environmental certification is changing the world
Assessing the B-corps movement and the change they are bringing
Reports
How to audit the cloud
Cloud computing is transforming business IT services, but it also poses significant risks that need to be planned for. This practical guide for internal audits outlines how they should assess risk management.
Risk management: mindfulness and clumsy solutions
Our helps managers in all functions who are being asked to pay more attention to the challenges of uncertainty.
Special report: Risk management
An update on the basics of risk, with a look at issues in risk management today and a summary of the best resources.
Webinars and recordings
Future proof your organisation - an internal audit approach to operational resilience
This webinar explores how to develop an audit approach to deliver effective assurance as organisations progress their resilience journeys.
5144 reasons you should take the Modern Slavery Act seriously
Nick Wildgoose, a supply chain risk management expert, provides a brief background on the Act itself and international context and potential developments.
Webinar - Does effective risk management require clumsy solutions
Professor Philip Linsley discusses how companies can address the challenges presented by uncertainty.
Templates
Template: risk assessment framework
A risk assessment framework that allows organisations to capture their key risks. It is designed to be a working document that is part of the overall business performance management system.
Internal audit
Internal audit resource centre
Access the latest thinking on internal audit from ICAEW and others across the finance and auditing sector, as well as useful links to international internal audit standards and best-practice guidance.
Improve your organisation's level of assurance
ICAEW’s Internal Audit Panel has identified eight risk areas where boards and audit committees should be asking themselves whether they are receiving the objective assurance they need amid increased public scrutiny.
Setting priorities to establish and expand internal audit
This guide considers seven challenges commonly faced by smaller internal audit functions and provides recommendations to help heads of internal audit establish and grow an effective function that can meet its priorities.
Why CEOs and CFOs should engage with internal audit
David Jardine, senior vice president, Internal Audit at bp plc, explains why Chief Executive Officers and Chief Financial Officers need to engage with the Chartered Institute of Internal Auditors’ Code of Practice and why it’s not just for internal audit teams.
Modern slavery
Modern Slavery Act 2015
This page is an introduction to the Modern Slavery Act 2015 providing background to its introduction, some key definitions and a list of useful links.
Spotting modern slavery
Resources to help accountants and other finance professionals spot indicators of modern slavery in their business, their supply chains and clients' businesses and supply chains.
Reporting modern slavery and human trafficking
Guidance on how to report if you suspect someone is a victim of modern slavery or human trafficking or if you believe it is going on in either your own firm or in a client’s business.
The role of accountants, auditors and business
The role that accountants and auditors play in working to mitigate the risk that large commercial organisations face as a result of the Modern Slavery Act's requirement to annually report on the risk of modern slavery in their business and supply chains.
ebooks
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please note that ICSA publications are only available to ICAEW members and ACA students. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com
Information security risk management for ISO 27001/ISO 27002 (3rd edition)
This book draws on emerging national and international best practice around risk management and has been written to provide detailed and practical guidance to information security and risk management teams on how to develop and implement a risk assessment and risk management process that will be in line with the requirements of ISO 27001.
Practice aid: Enterprise Risk Management: Guidance For Practical Implementation and Assessment
This publication gives guidance for anyone responsible for or advising on an enterprise risk management process (ERM), This resource will help ensure the ERM process is well designed, well executed, and ultimately successful. Provides illustrative examples, best practices, and guidance for implementing or assessing an enterprise risk management process.
Financial risk manager handbook
For candidates studying for the Global Association of Risk Professionals annual FRM exams
Managing business risk: a practical guide to protecting your business
A guide to all major topics of concern for risk management.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Industry press
The Library & Information Service provides a collection of articles as a benefit of membership. Please log in to view these articles. If you are unable to access the articles, please see our Help and support page or contact library@icaew.com.
Data ethics: risk management for the algorithmic age
The article discusses the risks posed by big data analytics to businesses. Topics covered include how big data analytics can harm individuals in ways such as privacy invasion, manipulation and bias, the threats that it can bring to individual consumers and to the reputation and brand of the companies, and the need for companies to educate themselves about human rights frameworks and other ethical philosophies when managing big data risks.
Enterprise Risk Management in financial institutions
Article looks at the emergence of the new risk department in financial institutions - the Enterprise Risk Management department which deals with risks that cut across tradition risk categories. ERM departments focus on new and emerging risks that have no traditional home in risk management departments. To illustrate ERM analysis, two case studies are presented: cryptocurrency and climate change risk.
What is Enterprise Risk Managment?
Article gives an in depth overview of what ERM is and presents the four pillars of ERM: a coordinating role through the ownership of the risk management framework; the creation of the risk appetite statement, a foundational element of that framework; development of aggregating risk measures; and rounding up of cross-cutting risks
Diversification - is it sufficient for effective portfolio risk management?
The article explores whether diversification is enough for effective portfolio risk management in practice. Topics include diversifying one's investments doesn't increase the level of expected returns, but rather it provides a more acceptable actual outcome.
Terms of use: You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.