A Guide to Risk Management
A Guide to Risk Management has been prepared as an information reference and contains the minimum principles and procedures of a basic risk management process.
The guide is not mandatory; however, application of the guide will encourage better practice.
The guide supports the requirements of the Financial Accountability Act 2009 and the Financial and Performance Management Standard 2019 and is consistent with the principles set out in AS/NZS ISO 31000:2018 Risk management – Principles and Guidelines.