Impact

Impact Consideration

Low

Financial impact likely to be less than $75,000 in terms of direct loss or opportunity cost. Internal Control: Control weaknesses, which could result in potential insignificant loss resulting from workflow and operational inefficiencies. An issue that requires no or minimal amount of senior management/Board effort to manage such as: Minimal impact on strategy Disruption to normal operations with no effect on achievement of corporate strategy and objectives Minimal reputational sensitivity. Legal/Regulatory: Regulatory breach with minimal consequences.