Study Regarding the Process of Identifying and Evaluating Risks in a Public Entity

Open access


In any field of economic, political or social activities, the issue of risk emerges, which implies consequences that cannot be always anticipated or predicted. Lack of knowledge of the risks that may affect the achievement of public entity objectives, of causality factors, and of action measures to materialize them may lead to negative consequences for the entire economic activity.

In this context, identifying and assessing risks (probability of occurrence and impact on activity) are mandatory and determinant actions in the process of knowing the mechanism of action of each risk and implementing appropriate protection strategies. Based on the documentary research, fieldwork and applicable legislation, and empirical research conducted within a public entity, we have concluded that risk management within the public entity is a process that leads to improved performance and governance, even if it is an additional process to existing ones.

If the inline PDF is not rendering correctly, you can download the PDF file here.

  • Arthur Williams (1995) Risk Management and Insurance 7 edition New York McGraw-Hill

  • Bârsan - Pipu N. Popescu I. (2003) Managementul Riscului – Concepte metode aplicații Ed. Universității Transilvania din Brașov

  • Burcea M. Tănase I. (2007) Controlul managerial și managementul riscurilor Valahia University Press Târgoviște

  • Voinea C. M. (2016) Audit intern între teorie și practică Ed. Pro Universitaria Bucharest 2016

  • Curtea de Conturi la României (2011) Ghid de evaluare a sistemului de control intern în entitățile publice disponibil on-line la

  • Ministerul Finanțelor Publice (2007) Metodologia de implementare a Standardului de control intern – Managementul riscurilor disponibil on-line la

  • Ministerul Finanțelor Publice - UCAAPI (2014) Îndrumar – Evaluarea riscurilor în pregătirea și realizarea misiunilor de audit public intern disponibil on-line la