Risk management: understanding why is as important as understanding how

Malde, S. ORCID: 0000-0002-7898-5933, 2010. Risk management: understanding why is as important as understanding how. Student Accountant (19), pp. 1-3. ISSN 1473-0979

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Abstract

The management of risk is a key area within a number of ACCA papers, and exam questions related to this area are common. It is vital that students are able to apply risk management techniques, such as using derivative instruments to hedge against risk, and offer advice and recommendations as required by the scenario in the question. It is also equally important that students understand why corporations manage risk in theory and in practice, because risk management costs money but does it actually add more value to a corporation? This article explores the circumstances where the management of risk may lead to an increase in the value of a corporation.

Item Type:	Professional or trade journal contribution
Alternative Title:	Risk Management: the why is as important as the how [working title]
Publication Title:	Student Accountant
Creators:	Malde, S.
Publisher:	ACCA (Association of Chartered Certified Accountants)
Date:	2010
Number:	19
ISSN:	1473-0979
Divisions:	Schools > Nottingham Business School
Record created by:	Jill Tomkinson
Date Added:	24 Nov 2015 16:50
Last Modified:	09 Jun 2017 13:57
URI:	https://irep.ntu.ac.uk/id/eprint/26443

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