Operational Risk Metrics: Seeing Is Believing GARP.org article by Peter Hughes Tests conducted by researchers at the Durham University Business School, in collaboration with the Risk Accounting Standards Board (RASB) found that exposures to the operational risks of...
Where Next with Operational Risk? Observation and measurement issues pose continuing challenges As a researcher, I spend a good deal of time reading academic papers. One recently came into my hands written by an eminent group of academics and practitioners on the...
Dr. Colin Lawrence - Member of the Risk Accounting Standards Board We are delighted to announce the appointment of Dr. Colin Lawrence as a member of the Risk Accounting Standards Board (RASB). Colin is currently on the Board of OSTC Ltd where he chairs the Risk and...
Our mission “to position Risk Accounting as the universally adopted method of identifying, quantifying, aggregating, and reporting all forms of non-financial risks” is unquestionably ambitious. Indeed, we are constantly reminded of the challenges we face. For example,...
The Rise of a Complexitocracy Can accounting help restore simplicity and comparability to financial and risk reporting? Published by Peter J. Hughes on GARP.org (Fri., Jly 31st, 2020) “Complexitocracy” is not in the dictionary. But maybe it should be. If it were, the...