Results for tag: "Reputational Risk"

Reputational Risk in Accounting is the potential for an organization to suffer financial losses due to damage to its reputation. This type of risk is often caused by negative publicity, such as a scandal or a breach of trust. It can also be caused by a lack of transparency in financial reporting or a failure to comply with regulations. Reputational Risk can have a long-term impact on an organization's ability to attract customers, investors, and partners. Companies in the Reputational Risk market include Deloitte, Ernst & Young, KPMG, PwC, and Grant Thornton. These firms provide services such as risk assessment, compliance monitoring, and crisis management. They also offer consulting services to help organizations identify and mitigate potential reputational risks. Show Less Read more