RISK MANAGAMENT
Identify Financial
Risks
Identify potential financial 01
risks that could impact the
company.
Assess Risk
Assess theImpact
potential
02 impact of identified risks
on the business.
Develop
Mitigation
Strategies
Develop strategies to 03
mitigate identified risks.
Implement Risk
Controls
04 Implement controls to
minimize the impact of
financial risks.
Monitor Risks
Continuously monitor
financial risks and adjust 05
strategies as needed.
Review Risk
Management
06 Plan
Regularly review and update
the risk management plan to
ensure its effectiveness.
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