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In this month's newsletter:

• Latest BarnOwl Insight
• BarnOwl Info Sharing Insight

• Upcoming Event

• BarnOwl Tip of the Month

Latest BarnOwl Insight

Risk management requires effort, knowledge and teamwork along with a significant amount of specialist knowledge. Economic risk management is one of those specialised areas that is normally left to the likes of Chartered Accountants and MBAs to forecast accurately and provide relevant control measures..

Info Sharing Insight

Thank you very much William for your most informative presentation at our info-sharing event held on 29 September 2022. Thank you to all those who attended the session.

 

William’s info sharing session provided a practical walk through of:

- Fraud prevention, both internal and external,

- Addressing need, opportunity, and justification,

- The utilization of polygraphing,

- Fraud detection and management – is fraud just a cost to company?

Upcoming Event

In this session we will unpack how you can build resilience into your business operations covering components like facilities, skillsets, equipment, document, suppliers and IT systems. Winston Churchill said it best "Fail to plan and you plan to fail". In this VUCA world, we must be prepared to respond to crisis. We will discuss how Business Continuity, Crisis Management and IT Disaster Recovery and Cyber activities can all contribute to laying a solid resilience foundation.

 

With Tracey Linnell from Morgan Solus

 

Save the date: Thursday, 24 November 2022 at 9am, via Teams

BarnOwl Tip of the Month 

Did you know?

BarnOwl enables residual risk to be derived in one of three ways, namely:

Manually rated whereby the residual risk is manually captured by the user, informed by risk-related information.

Control factor percentage whereby a control factor % is captured and applied to the inherent risk to derive the residual risk.

Auto rated whereby the residual risk is calculated based on a formula taking into account the controls linked to the risk.