I was asked to speak at this CPA event. I used the risk management process to help attendees understand how uncertainty in forecasting can be better managed. I highlighted sources of risk around data, psychological biases and the external social, economic and political environment. I included a section on identifying economic “bubbles” such as the GFC and then provided tips on how best to manage the risks identified.

The take away: “Embrace uncertainty using risk management – don’t hide from it”.

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