Citation Matching
Project 36230 –
Task 1120056
| Instructions: Identify the Control, if it exists, to which the Citation should be mapped. | Task Description: Match the "Reporting Frequency and Quality ¶ 2" Citation to a Control | Authority Document URL: Website URI Document URI |
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Citation Reference: Reporting Frequency and Quality ¶ 2 Citation Guidance: The frequency of reporting should be commensurate with the severity and priority of the risk. Reporting should enable management to determine the types and amount of risk assumed by the organization, its ongoing appropriateness, and the suitability of existing risk responses. For example, changes in stock prices, or competitor pricing in the hospitality or airline industries, may be reported on daily, commensurate with the potential changes in risk. In contrast, reporting on the risks emanating from an organization's progress toward long-term strategic projects and initiatives may be monthly or quarterly. | ||
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