Identification
- Label (rdfs)
- Financial Management Risk
- Preferred Label
- None
- Alternative Labels
- N/A
- Identifier
- N/A
Definition and Examples
- Definition
- Financial Management Risk is the potential for negative outcomes stemming from an organization's inadequate handling of its financial resources, activities, or obligations. This can result from poor budgeting, cash flow management, financial reporting, or investment decisions, potentially leading to financial instability, reduced profitability, or regulatory noncompliance, ultimately affecting the organization's overall health and sustainability
Class Relationships
- Is Defined By
- https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html
- See Also
- N/A