Why Risk Management is Crucial


An effective risk management plan and framework is paramount to providing effective advice. By developing a robust system within which the practice operates at all levels, the stakeholders can be comfortable that the associated risks with providing advice and protection of firm assets are evaluated and managed to an acceptable level.

Whilst not every eventuality can be forecast, the structure within which the practice operates provides clear guidelines to manage and mitigate risks to allow focus on the task of client advice and client management.


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ARMOR is an industry leading advisory firm assisting accounting practices identify and manage risk. Contact us today to arrange an appointment.