It is difficult, these days, to pick up a newspaper or magazine and not find stories involving serious problems which have suddenly struck particular enterprises.

Whatever the cause you are left to wonder why top management were not aware of the possibility so that they could take evasive action or at least be in a position to react quickly and positively when the problem arose.

accountingcpd.nets new course, Risk Management, from author David Allen looks at some of the problems which have made national and international news. He explores the context in which the concept of risk management has developed, the sort of infrastructure and processes it requires, and the impact it has on traditional control systems.