The World of Risk & Assurance

2. – Something that can cause harm or the threat of something going wrong (even if it hasn't yet)
6. - The number of our Key enterprise risks
7. – A control or something in place to prevent risk happening
9. - Escalation is driven by concern, not just completing a risk _______
12. - Where to find help and guidance is the Risk & Assurance
13. - Principle requiring risks to be reduced so far as is reasonably practicable (acronym) – Not sure if you intended this to be SFAIRP or ALARP, but I think it should be ALARP as that is what is integrated into some of our processes, like risk registers. SFAIRP is more important for the safety critical risks.
15. - The mechanism for raising material risks through management lines
18. - A record used to track risks, controls and treatments
20. – Action or activity taken when risk is too high
24. - What we do to check we are doing what we should
25. - The effect of uncertainty on objectives
26. - Christchurch-based Risk & Assurance guru

1. - Step in the risk cycle focused on checking controls are effective
3. - Asset risk management tool
4. - The level of risk that remains after controls are applied
5. - We take risks to achieve_________________
8. - Taranaki-based Risk & Assurance guru
10. - The tool that just been upgraded to manage our documents
11. - the Clarus queen of documents
14. - The guide to determine the level of risk
16. - The amount and type of risk our business is willing to take to meet our strategic goals is called Risk_____________
17. - Board committee responsible for audit, risk and regulation
19. - The risky and assuring boss
21. - Independent activities that provide confidence controls are working
22. - A risk level where work must stop immediately
23. - The Corporate Risk __________ is the key guide for Risk Management