IMPLEMENTAREA STANDARDULUI DE CONTROL INTERN „MANAGEMENTUL RISCULUI”
THE IMPLEMENTATION OF THE „RISK MANAGEMENT”-INTERNAL CONTROL STANDARD

Summary/Abstract: Risk management is viewed as either a stage which must be covered in the implementation of the internal control standard, or as an "inventory" of risks in an organization. Therefore, raising awareness of the management of public organizations or entities regarding the benefits resulting from the adoption and implementation of "Risk Management" is particularly important in the present context. It must be made clear that taking risks is necessary, since the only way to completely avoid a risk is to do nothing, which means that nothing will be ever accomplished. The article aims to highlight the need for an integrated management of risk and the implementation of “Risk Management” internal control standard within each organization.

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