Skip to Content

GRC Part 2: Quantifying Non-financial Risk

Global Knowledge Brief The IIA May 22, 2023

GRC Part 2

Quantifying Non-financial Risk

Management guru Peter Drucker once said, “[only] what gets measured, gets managed.” So, how are organizations quantifying non-financial risk? Internal audit can play a key role in helping organizations develop strategies that tackle this issue. 

This Global Knowledge Brief, the second in a three-part series on governance, risk, and control (GRC), examines the challenges of quantifying non-financial risks and how companies are addressing them, as well as the important role that internal audit can play in advancing understanding in this area. 


The Institute of Internal Auditors