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Diversity and Risk Assessment

DIVERSITY AND RISK

ASSESSMENT AUDITING

First Addition

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CONTENTS

Chapter 1 – Diversity and Risk Assessment

Chapter 2 – Expanding the Concept

Chapter 3 – Basic Concepts – Business Ethics

Chapter 4 – The Structure of Assessment Programs

Chapter 5 – Executing the Assessment Process

Chapter 6 – Government, Regulations, and Business

Chapter 7 – Accounting Principles and Reviews

Chapter 8 – External use of Experts and Consultants

Chapter 9 – Analogy Comparison

Chapter 10 – Plan Evaluation

Chapter 11 – Transition Templates

Chapter 12 – Decision Analysis

Chapter 13 – Estimating Relationships

Chapter 14 – Network Analysis

Chapter 15 – Process Life Cycle Cost Analysis

Chapter 16 – Cost Risk – WBS Simulation Model

Chapter 17 – Diversity and Risk Factoring

Chapter 18 – Performance Tracking

Chapter 19 – Common Performance Techniques (CPR)

Chapter 20 – Assessment Auditing Implementation

Chapter 21 – Auditing and Management Resources Sources

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SYNOPSIS

     Historically Diversity and Risk Assessment and Management have been allocated to the position of solely identifying risks that are inherent or identifiable in front line management, manufacturing, direct customer contact, or insurance risks.  Typically Diversity and Risk management have been applied to worker’s compensation issues and a wide variety of insurance and although these are aspects of Diversity and Risk problems, these represent only a small fraction of a true Diversity and Risk assessment auditing and management program. 

      In today’s changing business environment, Diversity and Risk assessment auditing and management must be recognized so that it can be universally applied.  These programs are designed to be able to have an impact and to be an ongoing auditing tool.  These far supersede the current application models in the market. 

     When Diversity and Risk assessment auditing programs are allocated to thier proper position each team will be able to effectively identify and report all potential risks and their impact on the company in financial terms, business viability, and consumer/stockholder confidence. 

     With well-designed Diversity and Risk Assessment Auditing programs,

that are conducted and implemented by Certified Diversity and Risk

Assessment Auditors will be able to identify and assess any potential

problems and communicate these in the formal reporting systems to

management, the Board of Directors, owners, and the takeholders/investors. 

 

     As the old adage explains, hindsight is always 20/20.  The tell-tail signs of the potentiality of a risk occurrence can be easily discerned and clearly marked when looking back on such events that have occurred and the trail of events that lead to the risk occurrence.  What a Diversity and Risk Assessment Auditing allows an organization is the ability to move hindsight into foresight and with the same clarity of 20/20.   These Assessment Auditing Programs and Training sessions will give any organization the ability to identify the elements that lead to the causation of the occurrence.                                                                         

     The report that is generated by the Auditors will identify the risk potentials and the resulting impact of risk probabilities and risk occurrences on the company.  The report will also include the impact on investor confidence and profits.  The impact of risk recognition can and will have a significant impact, not only on the company, the employees, the stakeholders but on the confidence of investors throughout the business environment. 

The advantage of having the foresight of Diversity and Risk Assessment is that the damage has not occurred as yet, and steps can be developed and implemented to drastically reduce, or altogether avoid such business catastrophes.  

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     Although the Diversity and Risk Assessment Auditors may not have been privy to the amounts that are involved in the “creative off sheet bookkeeping” or “the cooking of the books” the simple act of identification of the probability or possibility of the type of risk occurrence or risk elements could have been assessed and reported, allowing further investigation resulting in a reduction or avoidance of the occurrence.     

    A Diversity and Risk Assessment Audit and the resulting training programs can and will clearly identify a non-checked external entity and their influences on management (or managements influence on external entities).   The elements and events that lead to the most recent devastating business debacles which have rocked, or will rock, the business environment. 

     A Diversity and Risk Assessment audit and the resulting training program develop oversight.  The required reporting must be an integral part of all organizational structures to build confidence, to help protect profitability, to grow the business environment, and to lessen the intrusion of governmental regulations.  This Diversity and Risk Assessment Auditing Training Program will help secure and retain consumer, investor, and stakeholder confidence while promoting honesty, growth, and profits.  In addition, with a strong Diversity and Risk Assessment Programs, they will help to stem the intrusion of a flood of regulatory constraints placed on businesses by governmental bureaucracies.  With a well-developed Certified Diversity and Risk Assessment Auditing Program system in place, the consumer or investor will have another evaluation tool to assess and determine the health of an organization or business.

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