What are the reporting challenges you face dealing with different risk models/evaluations?
Capture complex realities within the boundaries of just figures in always a challenge, but more difficult is to persuade about the accuracy of the results and the predictions from those figure. It takes a great deal of thinking to prepare a report it is like planning a strategy. Usually the audience of those reports does not have a strong financial background that coupled with different levels of risk appetites result in a very skeptical and difficult audience. In this regard the way the findings are reported is as important as the very findings. What we do is to put some time in analyzing the business from the point of view of the people whom the report is address to and based on this common ground we build premise by premise, creating trust and building confidence about the grounds of our analysis and the methodology we have used. Therefore when we reach the conclusions and recommendations no one get surprised. What message you like to give aspiring management accountants in the fiel
