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How to manage third-party risk Logo cgma

  Neil Amato |   Free |   AICPA and CIMA |   17 Oct 2016 |   CGMA Magazine

Companies are increasingly outsourcing tasks to third-party entities or individuals not classified as full-time employees, putting trust in people outside the company’s real or virtual walls. This article explores the risk and how to manage it.

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk response & reporting, Foundational

1 Comments/Reflections

Tiancheng Wu

Tiancheng Wu Sep 2018

While managing 3rd-party risks, data control is important instead of access controls.