Building society and Contingency: Difference between pages

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imported>Doug Williamson
(Create the page. Source: http://businesscasestudies.co.uk/building-societies-association/building-societies-and-other-types-of-organisation/benefits-of-mutual-organisations.html#axzz4FFI5Mazm)
 
imported>Doug Williamson
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A deposit taking and lending organisation owned mutually by its customers.
1. ''Financial reporting - business planning.''


By contrast, most banks are owned by shareholders, who would not normally or necessarily be customers of the bank.
Any uncertain future event.


2. ''Business planning.''
An uncertain future event that is expected to have a negative impact if it were to occur.
3. ''Financial management.''
An amount of money set aside to deal with the potential negative impact of an uncertain future event.




==See also==
==See also==
*[[Bank]]
*[[Business contingency management]]
*[[Mutual]]
*[[Business continuity plan]]
*[[Shareholder]]
* [[Contingency plan]]
* [[Contingent]]
* [[Financial reporting]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 21:29, 1 March 2023

1. Financial reporting - business planning.

Any uncertain future event.


2. Business planning.

An uncertain future event that is expected to have a negative impact if it were to occur.


3. Financial management.

An amount of money set aside to deal with the potential negative impact of an uncertain future event.


See also