ACCA考《专业会计师P1》复习详解9.docVIP

ACCA考试《专业会计师P1》复习详解9 本文由高顿ACCA整理发布，转载请注明出处 　　Risks impact on stakeholders ? 　　（1） Shareholders: Potential loss of value of investment （fall in share price） and loss of income （decrease in dividends）。 ? 　　（2） Directors: Loss of income （assuming remuneration is linked with company performance） and potential for poor reputation. ? 　　（3） Managers/Employees: Fall in remuneration or become demotivated. ? 　　（4） Customers: Mainly negative impact on the company because of poor product reputation. ? 　　（5） Suppliers: Loss of supply. ? 　　（6） Government: Less tax revenue raised. ? 　　（7） Banks: Loans and interest due to banks are not repaid. ? 　　Risk assessment ? 　　Risk map ? 　　（1） The map identifies whether a risk will have a significant impact on the organization and links that into the likelihood of the risk occurring. ? 　　（2） The approach can provide a framework for prioritizing risks in the business. ? 　　（3） Risks with a significant impact and a high likelihood of occurrence need more urgent attention than risks with a low impact and low likelihood of occurrence. ? 　　（4） The significant and impact of each risk will vary depending on the organization. ? 　　Board consideration of risk ? 　　（1） The board considers risk at strategic level and defines the organization’s attitude and approach to risk. ? 　　（2） The board is responsible for ensuring that risk management supports the strategic objectives of the organization. ? 　　（3） The board will determine the level of risk which the organization can accept in order to meet its strategic objectives, and which cannot be managed or is not cost-effective to manage. ? 　　（4） The board ensures that the risk management strategy is communicated to the rest of the organization and integrated with all the other activities. ? 　　（5） The board is responsible for driving the risk management process and ensuring that managers responsible for implementing risk management have adequate resources. ? 　　（6） The board reviews risks and identifies and monit