Boards, strategic risk and dealing with uncertainty: looking at scenario planning
Now more than ever boards need to prepare for strategic risks and look beyond short-term forecasts by using long-term scenario planning and risk modelling.
Articles, feature and reports from the ICAEW on the work and responsibilities of the audit committee
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Now more than ever boards need to prepare for strategic risks and look beyond short-term forecasts by using long-term scenario planning and risk modelling.
ICAEW’s Zsuzsanna Schiff looks at the results of the Centre for the Study of Financial Innovation (CSFI) and PwC’s 2021 Insurance Banana Skins.
Sharing some practical tips to help you start implementing the recommendations of the Task Force on Climate-related Financial Disclosures.
Laura Miller considers the risk management lessons from the leveraged loans to collapsed private family office Archegos.
No one wants to receive a complaint about their professional conduct, let alone have their case end up in front of ICAEW’s Investigation Committee (IC). We talk to Paul Brooks, the Committee’s Chair, about how members and firms can engage more effectively with the process, as well as how best to avoid a referral in the first place.
In the wake of COVID-19, committee chairs should ensure risk committees have the skills and experience to deal with the unexpected.
29 June 2020: The National Audit Office (NAO) has issued guidance to help audit and risk committee members examine the impact of the COVID-19 outbreak on government organisations.
Board support has long been recognised as vital to achieving good cyber security. But boards have often struggled to have good conversations with cyber security specialists and understand their risks around cyber.
Climate change and sustainability has been placed firmly in the spotlight of media and society’s attention. Focus is now turning even more to the business world to play its part.
Businesses and organisations today find themselves operating in a highly volatile and ambiguous world.