Rules for risk management: culture, behaviour and the role of accountants
ACCA, January 2012. The problem of risk and the question of how not to fall victim to it are probably more topical than ever before. To a great extent, anyone and everyone in an organisation is, or should be, a risk manager. This report looks at how accountants in a wide range of roles contribute to managing risk as part of their normal work. It also looks at management accounting, financial forecasting, internal reporting and other disciplines that support decision-making and explores their importance as components of an integrated risk management approach.