Is accounting to blame for the pandemic? by Peter j. Hughes, published by PRMIA in the July 2020 issue of “Intelligent Risk” Banks and airlines have something in common: they both have the potential to transform an isolated and sometimes freak event into a...
Accounting’s Operational-Risk Missing Link A void that limits the influence of risk management and, at worst, increases the probability of unexpected losses. It is sound accounting practice to adjust accounting profits for expected future losses associated with the...
Risk and control self-assessment and operational risk loss databases provide the foundation for a new branch of accounting focused on non-financial risks We intuitively understand accounting measures such as profit or equity. The corporate world places great reliance...
Using a Common Risk Accounting Metric for Expressing Enterprise Risk Accumulations The research paper “A test of the feasibility of a common risk accounting metric for enterprise risks”, authored by Peter Hughes (Visiting Fellow, Durham University Business School) and...
