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Reporting and managing risk - CIMA

Reporting and managing risk A look at current practice at Tesco, RBS, local and central governmentResearch executive summary seriesVolume 6 | Issue 8 Margaret Woods Aston University, UKReporting and managing risk A look at current practice in the private and public sectors | 1 Key findings: Risk management is no longer solely a financial discipline, nor is it simply a concern for the internal control function. Where organisations retain a discrete risk management cadre often specialists at monitoring and evaluating a range of risks their success is dependent on embedding risk awareness in the wider culture of the enterprise.

Reporting and managing risk A look at current practice in the private and public sectors | 1 Key findings: • Risk management is no longer solely a financial discipline, nor is it simply a concern for the internal control function.

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