Outside consultants as a percentage of risk assessment cost

This measure calculates outside consultants as a percentage of risk assessment cost. Risk assessments help companies determine the possibility that a specified undesirable event will occur using established tools, implements, and frameworks. This measure is part of a set of Supplemental Information measures that help companies evaluate additional variables not covered elsewhere for the "report on internal controls compliance" process.

Benchmark Data

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Measure Category:
Supplemental Information
Measure ID:
101533
Total Sample Size:
25 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
No

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Units for this measure are percent.

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Percentage of conducting risk assessment cost toward outside consultants

Key Terms

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Supplemental information is data that APQC determines is relevant to decision support for a specific process, but does not fit into the other measure categories such as cost effectiveness, cycle time, or staff productivity.

Measure Scope

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Cross Industry (7.4)

  • 9.8.3.1 - Report to external auditors (10923)
  • 9.8.3.2 - Report to regulators, share-/debt-holders, securities exchanges, etc. (10924)
  • 9.8.3.3 - Report to third parties (10925)
  • 9.8.3.4 - Report to internal management (10926)