Risk control self-assessment (RCSA) refers to an empowering process or method that an organization uses in the identification as well as the evaluation of all associated controls. Risk control self-assessment adds value to an organization through increasing the involvement of the operating units in maintenance and designing control as well as risk systems, identification of risk exposure as well as the determination of the overall organization corrective action. The main aim of these policies is the mitigation of risk management practices as well as culture into the way the workers do their tasks as well as enabling business units in achieving their set objectives. Risk control self-assessment policies provide tools as well as a framework for employees and management to assess and manage business processes that are of high risk, develop plans towards risk treatment, prioritize and identify business objectives, it is easier to evaluate the adequacy of this policies. Finally, management and employees can identify, recognize as well as evaluate business objectives.
Risk control self-assessment policies are very relevant because, an organization can be in a position to select the participant who will ensure that the assessment is effective, additionally, an organization will also be in a position to identify all threats that are aiming at compromising the entire business systems. Furthermore, a business can assess the success as well as the failure of controls, monitor all the processes that are put in place to ensure that business systems are safe from compromises, assess risks against the business measures and finally identify the controls for each given risk that affects a business..