20th October 2011
In the current economic climate, managing a credit rating and obtaining finance is more important and difficult than ever. It is vital that companies are provided with the right information from the market and credit rating agencies, to ensure their credit and risk evaluation shows them in the best light.
According to the ICAEW report, Reporting business risks, the demand for better risk reporting has grown in recent years. This does not mean we need more legislation or regulation; most businesses are already struggling to keep up with the existing regulations, it is more a matter of education.
Many company Directors are well aware of the issues and are managing them as effectively as possible, but for those who are not sure what they should be doing visit http://wwfdclub.blogspot.com/ for Ward Williams' 3 key points on managing risk information...