Risk Management & Internal Controls

The working model for risk management at the RF is the systematic application of management policies, procedures, and practices to the tasks and activities of communicating, consulting, establishing the context, identifying, analyzing, evaluating, treating and monitoring the effects of risk on the achievement of the Research Foundation’s strategic goals and objectives and operational day to day business activities at all Research Foundation locations. Internal controls are then used to mitigate certain risks, ensure accurate reporting and are necessary to effectively pursue the Research Foundation goals and objectives.


Risk Management workflow