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I am now starting to complete the PER to achieve my ACCA membership, but i am stuck in answering the challange questions of perfomance objective 3. I don’t find situations helping me to deal with financial risk. Anybody can help? Thanks in advance.
Hi @yosoykaren
PER 3 = “Raise awareness of non-financial risk”
Why do you concentrate on financial risk? )
Have you done something similar to examples of given relevant activities for PER3? (below)
• Performing, or contributing to, risk assessments e.g. risks to health and safety, risks to achievement of work objectives etc
• Consulting with risk experts within your organisation
• Conducting full and proper client acceptance procedures
• Taking part in the development of a Business Continuity/IT Disaster Recovery planTry to visit ACCA’s source: https://competencyframework.accaglobal.com/QualificationComponents/Experience/PO3
By the way. I’m studying P1 now. And I think there’s so much about risk management! And so much technics could be applied within your current work environment.
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