Culture, financial controls and risk management in a Brexit world

Organisational culture has consistently been the business topic of recent months. Its influence on risk, and its relevance for regulators and investors, is becoming increasingly tangible. Malcolm Finn, financial controller at Costa Coffee and Mike Cowan, head of finance 4.0 at EY consider the significance of culture in the context of the organisation's finance function, and how culture is key to overall risk management

The uncertainty of uncertainty

Whatever your personal views, recent months have heralded a period of considerable uncertainty. Macro factors of currency, geo-political risk, fiscal policies, the economy in its widest sense and even levels of consumer confidence have demonstrated the uncertainty of uncertainty.

Oscillation between hard Brexit and soft Brexit, and the recent US elections, to name two events, have resulted in heightened levels of volatility. This poses a new risk landscape, which companies will need to navigate. The finance function and corporate culture will have a key part to play.

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The uncertainty of uncertainty

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