Acca Insights

Risk culture: The art of decision-making

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Synopsis

Ben discusses the current state of risk management, emphasizing its disconnection from organizational decision-making. He highlights the need for good decision-making, advocating for a shift from traditional risk management to a focus on decision quality. He introduces the concept of "benevolent subversion," a guide with 22 practical techniques to embed good decision-making in organizationsand stresses the importance of management accounting in understanding business contexts and combating fraud effectively.