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HB 254-2003

Superseded

Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

View Superseded by

Guide to control assurance and risk management

Available format(s)

Hardcopy , PDF 1 User , PDF 3 Users , PDF 5 Users , PDF 9 Users

Superseded date

30-06-2017

Superseded by

HB 254-2004

Language(s)

English

Published date

01-01-2003

€45.79
Excluding VAT

The Guide explores the relationship between risk management and corporate governance and provides a plan for the implementation of an effective risk assurance framework. The Guide takes the view that risk mangement develops the control environment and the control environment provides reasonable assurance to Boards and senior managers that the organisational objectives will be achieved within an acceptable degree of residual risk. Effective risk management is therefore the cornerstone of sound governance and the Guide provides an overview of the risk management process in line with AS/NZS 4360, Risk management. The Guide will be useful for Boards and senior managers in understanding the relationship between corporate governance and risk management, and in implementing an effective risk assurance framework. Although the guide is primarily designed with the private sector in mind its concepts and frameworks have corresponding application to the public sector, and its methods may be applied to organisations of any size.

Committee
OB-007
DocumentType
Handbook
ISBN
0 7337 3782 X
Pages
31
PublisherName
Standards Australia
Status
Superseded
SupersededBy

First published as HB 254-2003.

HB 436:2004 Risk Management Guidelines Companion to AS/NZS 4360:2004

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