Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.

The Institute of Management Accountants has published a new Statement on Management Accounting on Implementing an Effective Risk Appetite to help businesses identify their key risk exposures.

Learn how an Investment Policy Statement (IPS) guides client-advisor decisions with clear goals and strategies. Understand its essential elements and importance in investing.

If risk management is to be meaningful, it needs to deliver actionable information to help people make informed and intelligent decisions. What is risk appetite? COSO defines it as the “amount of risk ...

The International Monetary Fund (IMF) provided technical assistance to Sri Lanka to prepare a Fiscal Risk Statement (FRS) as part of its broader public financial management reforms. In response to the ...

When managing your investment portfolio, there are different types of risk that need to be factored in. Currency risk, which is risk associated with fluctuations in currency values, is one of them. It ...

The International Monetary Fund (IMF) and the World Bank Group (WBG) provided technical assistance to Sri Lanka to prepare a Fiscal Risk Statement (FRS) as part of its broader public financial ...