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With risk assessment and management strategies now a regulated requirement of integrated reports, an actuary with a Chartered Enterprise Risk Actuary (CERA) qualification moves the subject beyond process to a more precise science.
Qualifications fraud on the increase in South Africa.
The recently released 2013-14 crime statistics revealed that business robberies are steadily on the rise with a reported 13.7% increase – 461% higher now than it was in 2004/05. The report also revealed that an additional 2 238 armed attacks on businesses in had taken place in 2013/14 compared to the previous year.
The meaning of risk is not quite as profound a question as the meaning of life, but is as perplexing.
The strongest deterrent against FSP compliance missteps is or should be: