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Technical

Planning for intangible business risks Logo cgma

  Samiha Khanna |   Free |   Jun 2018 |   FM magazine

Enterprise risk management (ERM) has been around for some time but developing an ERM programme can be time consuming and challenging. This article offers advice in avoiding the pitfalls including creating the right corporate culture to assess risk, with everyone understanding and using the technique. Also you need to regularly update potential risks, have clearly defined roles and ensure research in anticipating the future trends.

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk management policies & procedures, Advanced

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