Risk Control Self-Assessment (RCSA)

Risk Control Self-Assessment (RCSA) is a process organizations use to identify and evaluate potential risks within their operations. Employees and managers review their activities to pinpoint areas where things might go wrong and assess how effectively current controls are managing those risks. The goal is to proactively detect weaknesses, ensure compliance, and improve overall safety and performance. RCSA helps organizations prevent losses, meet regulatory requirements, and strengthen their control environment by fostering awareness and continuous improvement in risk management practices.