Published : 2015-04-30

Financial Accounting vs. Organizational Risk Management

Krystyna Barczyk



Abstract

Risk is an integral part of doing business and it emerges as a result of making decisions on one's future actions. Businesses will take a variety of measures aimed at neutralizing risks related to specific market factors that might influence business outcomes. Accounting is not limited to tracking, recording and measuring current activities, nor is it a passive reflection of corporate financial statements, but it also consists in prospective reporting focused on a company's future performance. The main purpose of the article is to highlight the opportunities that accounting instruments can offer for organizational risk management.(original abstract)

Keywords:

Financial accounting, Risk management, Financial risk management, Enterprise risk



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Barczyk, K. (2015). Financial Accounting vs. Organizational Risk Management. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 59(2). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1007

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Publisher
Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
University
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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