The article discusses the importance of managing risks in a company through a risk-based internal control system. It explains that risks are potential events that could harm a business, and managing them involves allocating resources effectively. The researchers used various methods to study business risks and the role of internal control in managing them. They found that many companies currently handle risks sporadically rather than in a coordinated manner. The study emphasizes the need for monitoring and managing business risks to prevent negative impacts. Overall, the research aims to develop better ways to assess and address risks in companies for improved risk management.