Risk Management & Understanding your Board’s Risk Appetite

Presented by James Beck, Effective Governance Pty Ltd

 

Session Overview:

Risk Management is the identification, assessment, and prioritisation of risks followed by coordinated and economical application of resources to minimise, monitor, and control their probability and/or impact.

 

The effective management of all forms of corporate risk, including uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters, is a fundamental function of the CFO role.

 

James will explain how to develop and document your boards Risk Appetite with the use of practical tools. He will also cover the strategies to manage risk including the transfer, avoidance or reduction of the risk, and accepting some or all of the consequences of a particular risk.

 

 

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