Risk Management Basics: Financial Basics Risk Management Basics: Financial Basics

Financial risk. It's quite a scary term, isn't it? It's a risk that hits very near and dear to our hearts - our pocketbooks. When it comes to financial risks in business, thankfully we have accountants who oversee our finances. But it shouldn't stop there. It's a good idea for everyone in the company to have a basic understanding of financial terms and risks. In this program, we'll cover basic financial terms, like assets, liabilities, and cash flow. We'll talk about profit and loss statements, as well as the debt-to-equity ratio. We'll also discuss sources of financial risk, so that employees at all levels can be aware and help protect the financial health of their organization.

Financial risk. It's quite a scary term, isn't it? It's a risk that hits very near and dear to our hearts - our pocketbooks. When it comes to financial risks in business, thankfully we have accountants who oversee our finances. But it shouldn't stop there. It's a good idea for everyone in the company to have a basic understanding of financial terms and risks. In this program, we'll cover basic financial terms, like assets, liabilities, and cash flow. We'll talk about profit and loss statements, as well as the debt-to-equity ratio. We'll also discuss sources of financial risk, so that employees at all levels can be aware and help protect the financial health of their organization.