Management can provide tools for the transfer of knowing, but its power to get people to use it is strictly limited. Gross imposition, without the knowledge management activities often leads to symptomatic line. It is vital to take into account the views of staff in the implementation and...

Disclosure is an effective mechanism to expose financial risk management practices to market discipline. Disclosure should be sufficiently comprehensive to meet the needs of users within the constraints of what can reasonably be required. Improved transparency through better disclosure may...

Users of financial statements need information about an entity’s exposure to risks and how those risks and managed. Such information can influence a user’s assessment of the financial position and financial performance of an entity or the amount, timing, and uncertainty of its future cash...