Risk Accounting and Risk Management for Accountants

Risk control for accountants - see how you can develop, implement and use a risk management system

Dimitris N. Chorafas (Author)

9780750684224, Elsevier Science

Paperback, published 30 July 2007

312 pages, Illustrated
23.4 x 16.5 x 2 cm, 0.49 kg

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.

RISK, VOLATILITY, AND UNCERTAINTY
RISK MANAGEMENT AND THE ACCOUNTANT
DUTIES AND RESPONSIBILITIES WITH RISK MANAGEMENT
ACCOUNTING FOR TOTAL EXPOSURE. A CASE STUDY
CREDIT RISK
CASE STUDIES ON LOANS THAT CANNOT BE REPAID
MARKET RISK
INVESTMENT RISK
RISK, REWARD, AND RUIN
BASEL II AND RISK MANAGEMENT
RISK-BASED PRICING
A DEVIL’S ADVOCATE IN RISK MANAGEMENT
BOARD OF DIRECTORS AND THE RISK MANAGER

Subject Areas: Accounting [KFC]