ACCA P1 Chapter 9 part b The Risk Management Process
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Hey Mike .. I am going to begin with these lectures from 23-Apr-2016 for upcoming june attempt. I just want to know is that possible to prepare for this paper within remaining time period ?
Thank you
thank for the beautiful lectures
You’re welcome
Mike, in each page with video you need to add NEXT LECTURE button. Or list all lectures below… It would be appriciated especially by those watching via smart phones.. otherwise all good 馃檪
There is a link ABOVE the lecture to ALL lectures 馃檪 not good enough?
I suggest a mnemonic to remember these sources of risks:
“There’re Lots of Business Risks Created Here Let’s Do Monitoring” (T-technological, L-legal, B-business probity, R-reputation, C-credit, H-health, safety, environment, L-liquidity, D-derivatives, M-market)
Hope it helps 馃檪
Thank you Marta!
Thanks
I have a question. How can you explain the term: “going concern problems”? I understood that it’s something bad for a company but I didn’t get the sense though.
@mateibo, going concern problem, this related to where company are unable to perform well, especially during the time of financial crisis where many company are not capable of getting suitable market or due to low tornover, these could lead to problem of going concerns, we have many points that can led to going concern problems
@mateibo, Just means for some reason, the entity can’t continue to trade in the foreseeable future, usually a year. Financial statements of entities continuing in business are usually prepared on basis that they are going concerns, unless otherwise disproved by such as auditors.
I m big fan of u Mike!
nice lecture
Thanks
The lecturer is correct it is the Baring Bros Bank that when into liquidation.Its collapse in 1995 after one of the bank’s employees, Nick Leeson, lost 拢827 million ($1.3 billion) speculating鈥攑rimarily鈥攐n futures contracts The bank was then purchase by ING, a dutch bank the nominal sum of 拢.