|
|
Risk management
Entrepreneurial activities are always mixed with uncertainties. The function of risk management is to identify chances and risks systematically and evaluate them according to the probability of their occurrence and their quantitative consequences on the value of the company. Risk is thus defined as a variation from an expected value. According to this definition, positive deviations (chances) as well negative deviations (risks) are taken into account.
As a result from the increasing companies’ crises, the legislator and the international capital markets have yet another interest to be informed about the facts influencing value and risks of a company. For example, an appropriate risk management is part of the duties of care of a board of directors or the managing director of a limited liability company. In the case of the crisis of a company, the board of directors has to prove according to § 93 Section 2 AktG, that he acted objectively and subjectively as in duty bound in order to avoid personal liability. Concretely, this means that he has to prove that he provided for arrangements to recognize risks early in time and for risk defense.
The transformation in practice may not be reduced to mere compliance with legal regulations in the form of “risk accounting”. Rather do the companies that introduce efficient risk management procedures have cost advantages and with it advantages in competition. Who wants to survive on the market has to optimize the risk-chance-profile of his company.
As a team of accountants, business economists, attorneys and tax consultants, MerzArnoldWüpper offers you an experienced and capable team, which will answer all significant questions and cover all important areas for you. Within the bounds of our area of activity Risk Management, we incorporate all economical, fiscal and legal aspects. If you want to conduct a risk analysis or create a risk management, we gladly support you in these measures in order to provide a positive and harmonic advancement of your company.
We can advise and support you in questions regarding:
- Identification of risks (survey of all risks, which the company is exposed to)
- Evaluation of risks (specification of the risks concerning their extent and the probability of their occurrence)
- Coping with risks (determination of adequate measures in order to influence the risk situation in favor of the company)
In the case of questions regarding fiscal or legal aspects, please check also our
areas of activities Legal Consulting and
Taxation consultancy.
Back to Management consultancy
|
|
|
Deutsch
