The financial risk manual : A systematic guide to identifying and managing financial risk
- Delhi Pearson Education Pvt. Ltd. 2003
- 336p xv
Summary Are all reasonable steps being taken to identify the risks to your business? How can such risks be reduced, or even eliminated? Effective risk management requires thinking about the improbable. In the world of business, decisions are made every day. With these decisions come varying levels of risk. You can never be prepared for every eventuality but you can take precautions against the unexpected, particularly if you have some idea of what the unexpected might be. The Financial Risk Manual enables you to understand the risks being faced by your organization in complex, financial areas. It systematically identifies and assesses risk and covers all the major financial functions, instruments and transactions. For every principal risk this definitive guide discusses: the financial context or transaction the nature and use of each relevant product the benefits to both parties in any transaction the risks avoided by both parties actions and key terms. For ease of use, this book is split into six defined areas: