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Technical

ERM's links to financial performance Logo cgma

  Al Decker & Donna Galer |   Free |   Dec 2018 |   FM magazine

Enterprise Risk Management (ERM) is concerned with identifying the cost, risk and value of areas of the business. Very often the avoidance of risk can be a valuable asset and prevent loss of business and reputation. The value of ERM can be compared with its share price. Standard and Poor have found that ERM scores correlate with stock price and is a measure of cost/ benefits performance.

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

1 Comments/Reflections

Michael Pattwell

Michael Pattwell Jan 2019

Very useful reminder on effective ERM