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Risk Management

The below link will take you to a RISK MANAGEMENT guide for small to medium businesses which will help you:

  1. Identify and analyse the things that may cause loss to the business.
  2. Choose the best method of dealing with each of these potential things that could cause loss.

FBA Partners are available to help you:

  1. Work out the operational risks in your business and suggest strategies to minimise them.
  2. Prepare a recovery plan.
  3. Protect your data security.
  4. Review office procedures to ensure that the risk of error or fraud is minimised by appropriate cross checking and documentation.
  5. Ensure that a sufficient audit trail exists so that retrospective examination records can be made with minimal disruption to the business. This is important in the event of an insurance claim or a tax investigation.

The Risk Management Guide for small to medium businesses was produced by CPA Australia Business and Management Centre of Excellence.

Please note this guide should not be used as a substitute for professional advice.

<click here to view Risk Management guide>