In this report, we pull together all the salient data about every risk in the Entity; the attribute it is likely to affect, the potential Impact, the likely Probability of occurrence without control, and the current actual Control Environment. These are combined to determine the seriousness of each risk to the overall Business Unit; this seriousness is then rated from 1.00, very material, to zero, not significant.
The report shows the Risk Number and Short Description alongside its Impact Severity:
