Financial Risk Management in Small Companies |
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| Author:
| Pajooyan, Jamshid
Mayeli, Ali
Asadollahi, Maryam |
| ISBN: | 978-0-6455330-2-6 |
| Publication Date: | Jul 2022 |
| Publisher: | Rose Publication Pty, Limited
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| Book Format: | Ebook |
| List Price: | AUD $165.00 |
Book Description:
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Enterprise risk management (ERM) is the process by which organizations minimize risk on its capital and earnings. An ERM process involves planning, organizing, directing and controlling your company's activities when it comes to things like financial risk, strategic risk, operational risk, and risks associated with accidental losses.To break it down, a strong enterprise risk management process or program uses what's happened in the past (through auditing, evaluation and...
More DescriptionEnterprise risk management (ERM) is the process by which organizations minimize risk on its capital and earnings. An ERM process involves planning, organizing, directing and controlling your company's activities when it comes to things like financial risk, strategic risk, operational risk, and risks associated with accidental losses.To break it down, a strong enterprise risk management process or program uses what's happened in the past (through auditing, evaluation and self-assessment), reviews what's happening in the company right now, and applies all those findings to develop an approach to the future that manages and minimizes risk.