Risk controlling

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Risk controlling (also: risk-oriented controlling) is a business management topic at the interface of risk management and controlling .

background

Originally the term risk controlling ( financial risk controlling ) was used in connection with trading departments in credit institutions. According to the “ Declaration on minimum requirements for the operation of commercial transactions by credit institutions ” of the Federal Banking Supervisory Office from 1998, risk controlling is understood as a “system for measuring and monitoring risk positions and for analyzing the loss potential associated with them”, while risk management for the actual control of the risk positions is responsible.

Since the changes in commercial and stock corporation law by the KonTraG in 1998, an extensive discussion of risk controlling as a task area and institution has also started in non-financial companies.

object

The delimitation of the subject areas of risk management, risk controlling and controlling is very inconsistent in research and practice. The compound “risk controlling” is similar to “hyphenated controlling terms” and is to be understood from this perspective as a risk -related controlling. In practice and in the literature, risk controlling in non-financial companies is usually seen as a sub-area of ​​controlling. Accordingly, there are some risk controlling approaches in the business literature that are more or less based on academic controlling concepts.

The areas of responsibility assigned to risk controlling in corporate practice and in literature include: B. the establishment and operation of risk reporting systems and risk assessment including risk aggregation . The risk controlling tasks are usually carried out by controllers.

The monetary mapping and communication of corporate risks with the help of a risk calculation can be viewed as a special subject of risk controlling .

See also

literature

  • Marc Diederichs: Risk Management and Risk Controlling. Risk controlling - an integral part of a modern risk management concept . Vahlen, Munich 2004, ISBN 3-8006-3084-2 , ( Controlling-Praxis ), (also: Dortmund, Univ., Diss., 2003).
  • U. Götze, K. Glaser, D. Hinkel: Risk controlling from a functional perspective - conception-specific representation of the range of tasks . In: Uwe Götze, K. Henselmann, B. Mikus (eds.): Risk management . Physica-Verlag, Heidelberg 2001, ISBN 3-7908-1415-6 , ( contributions to corporate planning), pp. 95–126.
  • Jörn Kaack: Performance measurement for corporate security: Design of a key figure and indicator system and the process-oriented implementation . Springer-Gabler Verlag 2012, ISBN 978-3834939494 , (also: Witten-Herdecke, Univ., Diss., 2011).
  • Peter Winter: Risk controlling in non-financial companies - terms, concepts and practice . In: Wirtschaftswwissenschaftliches Studium WiSt 36, 2007, Issue 1, ISSN  0340-1650 , pp. 25–30.
  • Peter Winter: Risk controlling in non-financial companies. Development of a viable risk controlling concept and proposal for the design of a risk calculation . Eul, Lohmar et al. 2007, ISBN 978-3-89936-553-5 , (also: Mannheim, Univ., Diss., 2006).