Problems of tax risk assessment and management

2021 ◽  
Vol 20 (5) ◽  
pp. 972-986
Author(s):  
Ol'ga V. MANDROSHCHENKO
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Quantitative Assessment ◽  
Qualitative Assessment ◽  
Management Process ◽  
Schematic Representation ◽  
Qualitative And Quantitative ◽  
Risk Monitoring ◽  
Modern Methods ◽  
Risk Assessment And Management

Subject. The article addresses the issues of analysis and management of tax risks. Objectives. The purpose is to show the significance of certain methods for tax risk assessment, identify problems in tax risk management, propose measures to improve the management process. Methods. The study employs methods of induction, deduction, structural analysis, synthesis, comparison, schematic representation of relationships, statistical and economic, computational and constructive techniques. Results. The paper reveals that tax budgets are often non-realistic. There are no methods for qualitative and quantitative assessment of tax risks, regulatory support in the field of tax risk monitoring. Conclusions. The described stages of government’s tax risk management are interconnected. It is important to apply modern methods in tax budget preparation, to develop methods for quantitative and qualitative assessment of tax risks, to strengthen the monitoring of tax risks through designing an algorithm of its implementation.

scholarly journals Identification and Qualitative Evaluation of Risk Factors in the Construction Projects in Iraq

2021 ◽  
Vol 14 (2) ◽  
pp. 91-101
Author(s):  
Noor Aletby ◽  
Hafeth Ibrahim
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Construction Projects ◽  
Qualitative Evaluation ◽  
Qualitative Assessment ◽  
Management Process ◽  
Risk Management Process ◽  
Questionnaire Method ◽  
High Level ◽  
The Impact

Construction projects in Iraq face many dangers that cause exceeding the estimated cost of the project and not completing the project on time, and since the risk management process in construction projects is of great importance in controlling and reducing the impact of risks in construction projects, so it is necessary to identify these risks and evaluate them correctly in order to increase accuracy and the health of the subsequent stages of the risk management process in construction projects. This paper aims to identify the most important risks in construction projects in Iraq and to conduct a qualitative assessment of the identified risks and arrange them according to their importance. The researcher adopted the questionnaire method as a tool to determine the risks and used the technique of probability and effect matrix to conduct the qualitative assessment of the identified risks. The study found that there are 48 risk factors that constitute the most dangerous factor in construction projects in Iraq, and 10 of the determining factors were within the high level of risk, and at the forefront of which was the inability of the owner to finance the project.

scholarly journals THE CURRENT STATE OF PROJECT RISK ASSESSMENT AND EDUCATION NEEDS IN PROJECT RISK MANAGEMENT

2019 ◽  
Vol 7 ◽  
Author(s):  
Matej Masár ◽  
Mária Hudáková
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Project Managers ◽  
Project Risk Management ◽  
Project Risk ◽  
Qualitative And Quantitative ◽  
Current State ◽  
The World ◽  
Project Risks ◽  
Project Risk Assessment

Current trends show that education in the field of project risk management is a very actual topic. Long - term projects, which was realized in 2018, was mainly focused on R&D across the world. Short - term projects, was focused on innovation and improve manufacturing processes. Many projects failed because project managers did not manage project risks. Project managers have less knowledge and skills on how to effectively manage project risks, especially risks in the planning phase of projects. The main aim of this article is to analyze the current state of usage project risk assessment across the world, based on own empirical research, which was provided, by authors in 2018 and 2019 (mainly level of usage project risk management methods, experience and level of education). The research focused on analyzing the current state of project risk assessment among continents. The authors focused on the average level of use qualitative and quantitative project risk analysis by project managers, level of project risk management experience by project managers and complexity of learning in using of qualitative and quantitative project risk management methods and tools.  Some recommendation were established to educate project managers in the field of project risk management.

scholarly journals The place of artificial intelligence in the risk management process

2021 ◽  
Vol 120 ◽  
pp. 02013
Author(s):  
Petya Biolcheva
Keyword(s):  
Artificial Intelligence ◽  
Risk Assessment ◽  
Risk Management ◽  
Real Time ◽  
Risk Identification ◽  
Management Process ◽  
Whole Process ◽  
Risk Management Process ◽  
Problematic Issue ◽  
The Individual

In recent years, there has been increasing talk of the rapid entry of artificial intelligence into risk management. All the benefits it would bring over the whole process are often commented on: real-time results, processing large amounts of data, more complete risk identification, more accurate risk assessment, etc. There are also negative moods that make various experts feel threatened by their need to be replaced by artificial intelligence. Another problematic issue that arises is related to the transparency of algorithms and the increase in cyber risks [6]. This material aims to identify the individual elements at the stages of risk management in which artificial intelligence (AI) can and should be applied alone, in combination with expert opinion or not. Here it is shown that because of the use of AI the efficiency of the whole process is significantly increased, first of all by conducting in-depth analyses, and the decisions are made by the risk management experts. This proves its usefulness and increases the confidence of experts in it.

scholarly journals Artificial Intelligence Based Commercial Risk Management Framework for SMEs

2019 ◽  
Vol 11 (16) ◽  
pp. 4501
Author(s):  
Gerda Žigienė ◽  
Egidijus Rybakovas ◽  
Robertas Alzbutas
Keyword(s):  
Artificial Intelligence ◽  
Risk Assessment ◽  
Risk Management ◽  
Academic Research ◽  
Building Blocks ◽  
Learning Technologies ◽  
Potential Contribution ◽  
Risk Management Framework ◽  
Development Goals ◽  
Risk Assessment And Management

Risk management in commercial processes is among the most important procedures affecting the competitiveness of small and medium-sized enterprises (SMEs), their innovativeness and potential contribution to global sustainable development goals (SDGs). The ecosystem of commercial processes is the prerequisite to manage risk faced by SMEs. Commercial risk assessment and management using elements of artificial intelligence, big data, and machine learning technologies could be developed and maintained as external services for a group of SMEs allowing to share costs and benefits. This paper aims to provide a conceptual framework of commercial risk assessment and management solution based on elements of artificial intelligence. This conceptualization is done on the background of scientific literature, policy documents, and risk management standards. Main building blocks of the framework in terms of commercial risk categories, data sources and workflow phases are presented in the article. Business companies, state policy, and academic research focused recommendations on the further development of the framework and its implementation are elaborated.

scholarly journals Effect of Employees’ Understanding on Risk Management Process on Risk Management: A Case Study in a Non-profit Organisation

2019 ◽  
Vol 10 (3) ◽  
pp. 144
Author(s):  
Erlane K Ghani ◽  
Nor Hamimah Nor Hassin ◽  
Kamaruzzaman Muhammad
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Risk Control ◽  
Risk Identification ◽  
Management Process ◽  
Poor Knowledge ◽  
Non Profit ◽  
Monitoring Process ◽  
Risk Management Process ◽  
Risk Assessment And Analysis

Purpose: This study examines the effect of employees’ understanding of risk management process on knowledge on risk management in a non-profit organisation. Specifically, this study examines the effect of employees’ understanding of risk identification, risk assessment and analysis and, risk control and monitoring on their knowledge on risk management.Design/Methodology/Approach: This study used questionnaire survey on 80 employees of various levels in a non-profit organisation.Findings: This study shows that the most of the employees felt that they have a poor knowledge on risk management. The poor knowledge on risk management is attributed by the all three determinants in this study namely, understanding risk identification, risk assessment and analysis and, risk control and monitoring process on knowledge on risk management.Practical Implications: The findings provide indication that non-profit organisations need to provide awareness programs to their employees in increasing their knowledge on risk management. The findings of this study is essential to the managements to ensure that their employees are well informed and understand risk management and subsequently, take necessary control to reduce risks.Originality/Value: This study provides further understanding on the importance of understanding risk management process on performance.

Principles of risk assessment and risk management

2013 ◽  
Author(s):  
Julia Smedley ◽  
Finlay Dick ◽  
Steven Sadhra
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Risk Communication ◽  
Conceptual Model ◽  
Health Problem ◽  
Scientific Evidence ◽  
Risks And Benefits ◽  
Societal Level ◽  
Risk Assessment And Management ◽  
P Sources

Introduction and terminology 416Conceptual model 417General principles 418Sources of scientific evidence and uncertainty 420Risk communication and perception 421Decisions in OH often entail a choice between two or more options, the comparative merits of which are not immediately obvious. The decision may be for an individual (e.g. whether to ground a pilot because of a health problem), for the whole of a workforce (e.g. whether to immunize HCWs against smallpox), or at a societal level (e.g. whether to permit the use of a pesticide). Risk management is the process by which decisions of this sort are made, following an assessment of the risks and benefits associated with each option. Depending on the nature of the decision, the process of risk assessment and management may be more or less formalized....

scholarly journals Quantitative and Qualitative Assessment of the “El Sexmo” Tourist Gold Mine (Zaruma, Ecuador) as A Geosite and Mining Site

Resources ◽  
2020 ◽  
Vol 9 (3) ◽  
pp. 28 ◽  
Author(s):  
Paúl Carrión-Mero ◽  
Oscar Loor-Oporto ◽  
Héctor Andrade-Ríos ◽  
Gricelda Herrera-Franco ◽  
Fernando Morante-Carballo ◽  
...  
Keyword(s):  
Quantitative Assessment ◽  
Environmental Issues ◽  
Cultural Value ◽  
Qualitative Assessment ◽  
Mining Site ◽  
Qualitative And Quantitative ◽  
Swot Matrix ◽  
Action Strategies ◽  
The City ◽  
Delphi Analysis

Zaruma is host to the ‘‘El Sexmo’’ tourist mine, the galleries of which extend below the city, and its exploitation dates back to precolonial times. The mining boom created important development in the area, but informal mining also emerged causing environmental issues and safety problems. This study presents a qualitative and quantitative assessment of the “El Sexmo” Tourist Mine in the context of its potential as a tourism geosite and mining site. The methodological stages included: (i) The process and systematization of the general mine information and its surroundings; (ii) the assessment of the geological and mining interest of the mine, through GAM and Brilha method; and (iii) description and proposal of action strategies through Delphi analysis and a Strengths, Weaknesses, Opportunities, and Threats (SWOT) matrix. Based on the results of the quantitative evaluation, the high values in the educational, scientific, and tourist aspects of the two applied methodologies, show the mine as a potential geosite and mining site with added cultural value. In addition, the quantitative assessment in correspondence with the qualitative analysis, allowed to propose improvement strategies to take advantage of the geological resources and mining identity of the area, as an alternative that strengthens the infrastructure of the mine and consolidates the geotouristic development of the area.

A TEST CASE PRIORITIZATION BASED ON DEGREE OF RISK EXPOSURE AND ITS EMPIRICAL STUDY

2011 ◽  
Vol 21 (02) ◽  
pp. 191-209 ◽  
Author(s):  
HOIJIN YOON ◽  
BYOUNGJU CHOI
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Empirical Study ◽  
Risk Exposure ◽  
Test Case ◽  
Test Case Prioritization ◽  
Management Process ◽  
Testing Method ◽  
Risk Management Process ◽  
Prioritization Strategy

We propose a test case prioritization strategy for risk based testing, in which the risk exposure is employed as the key criterion of evaluation. Existing approaches to risk based testing typically employ risk exposure values as assessed by the tester. In contrast, we employ exposure values that have been determined by experts during the risk assessment stage of the risk management process. If a given method produces greater accuracy in fault detection, that approach is considered more valuable for software testing. We demonstrate the value of our proposed risk based testing method in this sense through its application.

Current needs in environmental risk management

1997 ◽  
Vol 5 (2) ◽  
pp. 121-129
Author(s):  
S E Hrudey
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Environmental Risk ◽  
Environmental Issues ◽  
Decision Makers ◽  
High Expectations ◽  
Public Expectations ◽  
Basic Understanding ◽  
Uncertainty Analyses ◽  
Risk Assessment And Management

Risk assessment and management have become central to many health and environmental issues in recent years. Despite high expectations for the applications of science to identify and manage risks, many of these issues remain controversial. Some of the foundations of risk assessment and management are explored and needs for improvement are identified. Inputs from models, data, and uncertainty analyses are reviewed and goals for risk assessment, management, and communication are considered. Ultimately a better understanding of the strengths and limitations of these processes, primarily by the specialists and decision makers, is a prerequisite to more effective involvement of affected stakeholders in risk management. Unless some better basic understanding is achieved, public expectations and demands for risk management are likely to remain unachievable.

Sign in / Sign up

Export Citation Format

Share Document