ISA and Political risk: Difference between pages

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1. ''Financial reporting''.
''Risk management''


International Standard on Auditing.
The risk of adverse consequences arising from the actions of governments or of governmental agencies.


An International Standard on Auditing sets out minimum standards for the conduct of audits.


The term may also extend to the consequences of the failure of government, or of a regime change.


2. ''UK personal tax''.
This wider concept is sometimes known as '[[geopolitical risk]]'.


Individual Savings Account.


An Individual Savings Account is exempt (subject to limits) from personal taxes in the UK.
<span style="color:#4B0082">'''''Promising outlook despite populism risks'''''</span>
 
:"Despite serious political risks linked to populism on both sides of the Atlantic, the growth outlook looks very promising indeed."
 
:''The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.''






== See also ==
== See also ==
* [[Assurance]]
* [[Country risk]]
* [[Audit]]
* [[Redenomination risk]]
* [[Auditing standards]]
* [[Event risk]]
* [[Auditor]]
* [[Geopolitical risk]]
* [[Auditors’ report]]
* [[Populism]]
* [[Audit trail]]
* [[Corporate Reporting Council]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Engagement letter]]
* [[Financial Reporting Council]]
* [[Financial statements]]
* [[Letters of representation]]
* [[Third line of defence]]
* [[Value for money]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_risk_management]]
[[Category:Compliance_and_audit]]

Revision as of 11:23, 18 March 2017

Risk management

The risk of adverse consequences arising from the actions of governments or of governmental agencies.


The term may also extend to the consequences of the failure of government, or of a regime change.

This wider concept is sometimes known as 'geopolitical risk'.


Promising outlook despite populism risks

"Despite serious political risks linked to populism on both sides of the Atlantic, the growth outlook looks very promising indeed."
The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.


See also