ABSTRACT

To date, there has been little consideration of the many different ways in which accounting and risk intersect, despite organisations being more determined than ever to build resilience against potential risks. This comprehensive volume overcomes this gap by providing an overview of the field, drawing together current knowledge of risk in a wide range of different accounting contexts.

Key themes such as corporate governance, trust, uncertainty and climate change are covered by a global array of contributing scholars. These contributions are divided into four areas:

  • The broader aspects of risk and risk management
  • Risk in financial reporting
  • Risk in management accounting
  • Risk monitoring

The book is supported by a series of illustrative case studies which help to bring together theory and practice. With its wealth of examples and analyses, this volume provides essential reading for students, scholars and practitioners charged with understanding diverse facets of risk in the context of accounting in the business world.

chapter 1|2 pages

Introduction

part I|44 pages

Risk in context

chapter 4|19 pages

Insights into corporate governance and risk

Exploring systems from Germany, the United States and the United Kingdom

part II|70 pages

Financial reporting and risk

part III|115 pages

Management accounting and risk

chapter 9|18 pages

Supporting decision-making under uncertainty

The management accountant as risk manager

chapter 10|13 pages

Risk and performance management

Two sides of the same coin?

chapter 11|22 pages

Incorporating risk considerations into planning and control systems

The influence of risk management value creation objectives

chapter 13|17 pages

Supply chain quality risk

A food industry perspective

chapter 14|28 pages

Case study: Institutional work and embedded agency

The institutionalization of enterprise risk management in a large, global oil and gas company

part IV|69 pages

Risk monitoring