{"id":4494,"date":"2011-08-23T17:34:21","date_gmt":"2011-08-23T16:34:21","guid":{"rendered":"https:\/\/www.financial-fluency.co.uk\/"},"modified":"2019-10-10T23:26:14","modified_gmt":"2019-10-10T22:26:14","slug":"risk-management-for-accountants","status":"publish","type":"page","link":"https:\/\/www.financial-fluency.co.uk\/online-learning\/business-and-strategy\/risk-management-for-accountants\/","title":{"rendered":"Risk Management for Finance Professionals"},"content":{"rendered":"
It is difficult, these days, to pick up a newspaper or magazine and not find stories involving serious problems which have suddenly struck particular enterprises. The cause may have been external to the enterprise (such as a natural disaster like earthquakes or floods) or internal (such as a failure to comply with regulations, or issues with quality control).<\/p>\n
Whatever the cause you are left to wonder why top management were not aware of the possibility so that they could take evasive action \u2013 or at least be in a position to react quickly and positively when the problem arose.<\/p>\n
Risk Management looks at the context in which the concept of risk management has developed, the sort of infrastructure and processes it requires, and the impact it has on traditional control systems. It also looks at some of the problems which have made national and international news.<\/p>\n
<\/a><\/a><\/p>\n Risk Management is part of our peer-enriched learning suite of learning. Peer-enriched learning courses stimulate intelligent dialogue and debate and provide a valuable and evolving resource of professional knowledge and experience. These courses are topical, practical and highly relevant to today\u2019s changing market. Each module is split into two activities: Understanding the issues and Putting it into practice. The first encourages you to think about a topic, drawing on your own professional experience and knowledge. The second helps you to put ideas and\/or theories into practice as part of your day-to-day work.<\/p>\n \u2022\tUnderstand the concept of risk management <\/p>\nRisk management for accountants enables the learner to<\/h3>\n
\n\u2022\tIdentify the impact risk management has on a company
\n\u2022\tUnderstand the processes required for risk management to be put in place
\n\u2022\tDevelop an understanding of the Bribery Act and its implications
\n\u2022\tUse recent risk management disasters to help avoid future problems
\n\u2022\tManage the effects of extreme events on a business<\/p>\n