As an example, a moral hazard is the risk that an employee who is enrolled in their company’s dental insurance plan may be less concerned about their oral hygiene, whereas someone who knowingly ...

A few examples of credit risk were highlighted during the Financial Crisis: The ratings agencies then issue a letter-grade rating. AAA is the highest: It means the issuer is extremely capable of ...

Different financial statement areas carry varying levels of inherent risk. For example, complex revenue recognition calculations have a higher inherent risk than simple cash transactions.

A risk assessment consists of three sections – hazard, risk and control measure. This is an example of a risk assessment. You must first identify any potential hazards. In other words ...