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April 3, 2017

Risk Management Pt. 1

First, risk management needs be to understood clearly. For schools, risk management is the “process of managing uncertainty of exposures that affect a school district’s assets and financial statements using the five steps: identification, analysis, control, financing and administration.” As stated, risk management goes beyond financial losses, but also to the school’s […]
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April 3, 2017

Risk Management Pt. 1

First, risk management needs be to understood clearly. For schools, risk management is the “process of managing uncertainty of exposures that affect a school district’s assets and financial statements using the five steps: identification, analysis, control, financing and administration.” As stated, risk management goes beyond financial losses, but also to the school’s […]