Keynote presentation: risk management

aksaroya —  6 November 2012 — Leave a comment

by Adrian Berendt, executive director, LCH Clearnet

As Chair of ACCA’s Global Forum on Governance, Risk and Performance, Adrian opened the recent Accounting for the future conference with a presentation focusing on risk management. In this address, Adrian describes how reporting was at the forefront of the recent debt crisis and that there is a significant role for accountants to play if we are to avoid a crisis like this in the future. He talks about the importance of risk management, to accountants, and how that many of the practices used today are flawed; how the culture in organisations impacts on the effectiveness of risk management; and finally how accountants need to know what to measure and report on in order to manage risk and create value.

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