Both Accountants and Auditors are confronted daily with challenges associated with the evaluation of credit risk, market risk, and other exposures. The book provides up-to-date information on the most significant developments in risk management policies and practices.
Accountants whose work under International Financial Reporting Standards increasingly involves risk control in their job will find this book of practical value with the inclusion of material on "how to" successfully design, implementation and use risk control measures.
Designed specifically for accountants the book starts with the fundamental factors underpinning risk: volatility and uncertainty, and then shows how and why accounting, auditing, and risk control correlate. The themes covered in the book include: credit risk, market risk, liquidity risk, investment risk, and event risk.
* This practical handbook, complete with case studies is specifically aimed at accountants.
* comprehensive information on how to develop, implement and use a risk management system
* Covers credit risk, market risk, liquidity risk, investment risk, event risk.
Table of Contents
PART 1 : RISK AND THE ACCOUNTING PROFESSION
Chapter 1 RISK, VOLATILITY, AND UNCERTAINTY
Chapter 2 RISK MANAGEMENT AND THE ACCOUNTANT
Chapter 3 DUTIES AND RESPONSIBILITIES WITH RISK MANAGEMENT
Chapter 4 ACCOUNTING FOR TOTAL EXPOSURE. A CASE STUDY
PART 2 : RISKS TO BE KEPT UNDER CLOSE WATCH
Chapter 5 CREDIT RISK
Chapter 6 CASE STUDIES ON LOANS THAT CANNOT BE REPAID
Chapter 7 MARKET RISK
Chapter 8 INVESTMENT RISK
Chapter 9 RISK, REWARD, AND RUIN
PART 3 : RISK, REGULATION AND MANAGEMENT CONTROL
Chapter 10 BASEL II AND RISK MANAGEMENT
Chapter 11 RISK-BASED PRICING
Chapter 12 A DEVIL’S ADVOCATE IN RISK MANAGEMENT
Chapter 13 BOARD OF DIRECTORS AND THE RISK MANAGER