In this collection, we bring together practical tools and resources for management accountants to help you and your organisation establish robust risk processes.
Over 72% of Respondents Say their Finance Teams Have Become More Involved in Cyber Risk Mitigation Oversight.
"Today’s companies face a wide array of increasing and complex risks. In this environment, businesses are putting themselves in danger by neglecting or avoiding formal risk management processes, according to a new CGMA® report.
Organisations of all types face a seemingly ever increasing array of risks that may affect their strategic success.
The risk landscape is constantly evolving and becoming more complex. Being able to identify and ‘manage’ all the risks to an organisation is no longer possible.
The process of identifying, forecasting and evaluating your financial risks together with mitigation procedures to respond to uncertainty in the marketplace.
Organizations use heat maps as a way to show how each risk has been assessed as to likelihood and potential impact on ability to achieve objectives.
The practical CGMA tool, How to communicate risks using a heat map, shows us how heat maps can be used to quickly and effectively communicate the assessment of entity-wide risks.