The key Components of a Risk-Based Oversight Audit System
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Introduction to Risk-Based Auditing presented by Sofema Aviation Services (SAS) www.sassofia.com Definitions Risk-based Oversight (RBO): A way of performing oversight, where: planning is driven by the combination of risk profile and safety performance; and execution focuses on the management of risk, in addition to ensuring compliance. Risk Profile: The elements of risk that are inherent…