Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business entity risk exposures
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yakub02, post: 305682, member: 94426"] Management commentary may help users to understand: the entity’s risk exposures, its strategies for managing risks and the effectiveness of those strategies; how resources that are not presented in the financial statements could affect the entity’s operations; how non-financial factors have influenced the information presented in the financial statements. Management commentary should: provide management’s view of the entity’s performance, position and development; supplement and complement information presented in the financial statements; and be orientated to the future. The relevant focus of management commentary will vary with facts and circumstances but a decision-useful management commentary should include information that is essential to an understanding of: the nature of the business; management’s objectives and strategies for meeting those objectives. Risk management A company may be exposed to a wide range of risks which might affect its ability to achieve its corporate objectives. Risk management is a corporate governance issue. A board should safeguard the assets of the company and protect the shareholders’ investment from a loss of value. In order to achieve this, the board should manage risks. The publication of information on risk management activities enable shareholders (and other stakeholders) to evaluate the importance that a company attaches to risk management and its effectiveness in managing those risks identified as significant. Risk reports help boost shareholders’ confidence that the company has adopted a responsible attitude towards risk. ICGN Corporate Risk Oversight Guidelines The International Corporate Governance Network (ICGN) has issued guidelines on responsibilities for the oversight and management of corporate risk (2010). [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business entity risk exposures
Top