Risk management

Risk Management Tool

In this collection, we bring together practical tools and resources for management accountants to help you and your organisation establish robust risk processes.

What does it take to be a risk leader?

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.

Welcome to risk management

The process of identifying, forecasting and evaluating your financial risks together with mitigation procedures to respond to uncertainty in the marketplace.

Heat maps aid in discussion of risks

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.

Communicating risks using a heat map

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.