riskreporting
Risk reporting is the process of communicating information about potential events that could affect an organization's objectives, likelihoods, and consequences to stakeholders. It is a core component of enterprise risk management (ERM) and risk governance. Reports typically cover the risk landscape, material risks, risk appetite alignment, and the effectiveness of controls.
Key elements include risk registers, risk appetite statements, key risk indicators (KRIs), heat maps, incident and
Standards and frameworks that influence risk reporting include COSO ERM and ISO 31000, which guide risk identification,
Effective risk reporting relies on data quality, provenance, and consistent metrics. Visualization tools and dashboards, such
The goal is transparency, enabling governance bodies to assess risk exposure, monitor effectiveness of controls, and