This assignment requires you to write a report about financial risk management practices of two companies from different industries.
finance
Description
This assignment requires you to write a report about financial risk management practices of two companies from different
industries. In terms of choosing
companies, select two companies from the
companies listed in Australian Securities Exchange (ASX).
The companies chosen:
1.
TELSTRA
CORPORATION LIMITED
https://www.asx.com.au/asx/share-price-research/company/TLS
https://www.asx.com.au/asxpdf/20180831/pdf/43xx1h00fc74vz.pdf
2.
MYER HOLDINGS
LIMITED
https://www.asx.com.au/asx/share-price-research/company/MYR
https://www.asx.com.au/asxpdf/20181025/pdf/43zll0nl0s1jgl.pdf
The report should cover the
following particular aspects:
1.
risk management framework;
2. responsible authority for
reviewing and overseeing the risk management
strategy;
3. types of risks faced by the companies;
4.
sources of the risks identified;
5. measures used for the risks
identified; and
6.
strategies used to manage the risks identified; and
7.
explanations for the similarities and differences
between the two companies in terms of their risk identification, risk
measurement and risk management.
The report should be organised
as:
1. Introduction:
Section 1 – Introduction includes names of the companies, industries, nature of the business geographical spread, and
some example of products and services.
2.
Risk management framework:
Section 2 – Risk management framework covers type of risk
management framework, policies, responsible authority for reviewing and
overseeing the risk management strategy, and presence/absence of a chief risk officer.
3. Risk
identification:
Section 3 – Risk identification discusses different types of
risks the companies are exposed to and the sources of each type of risks identified.
4.
Risk measurement:
Section 4 –
Risk measurement explains the risk measures used by the companies.
5. Risk
management:
Section 5 – Risk management discusses different risk
management strategies and instruments applied by the companies.
6.
Conclusions:
The final section, Section 6 – Conclusions concludes the
report by comparing the two companies in terms of their risk management
framework, risk identification, risk measurement and risk management.
7.
1. Annual reports
2. Australian Securities Exchange
3. Yahoo finance
4. Morningstar
5. Any publicly available sources of information
