Financial Risk Assessment Rubric
Financial Risk Assessment Rubric
This Financial Risk Assessment Rubric is designed for [Your Company Name] to evaluate and manage potential financial risks that can impact the business. It serves as a guide to identify, assess, and prioritize financial risks, ensuring informed decision-making and effective risk management strategies.
Evaluation Criteria |
High Achievement |
Moderate Achievement |
Low Achievement |
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Risk Identification |
Identifies and explains all relevant financial risks efficiently |
Identifies and explains most relevant financial risks |
Identifies and explains few relevant financial risks |
Risk Assessment |
Effectively assesses potential impact and probability of identified risks |
Assesses potential impact and probability of most identified risks |
Assesses potential impact and probability of few identified risks |
Risk Mitigation Strategy |
Formulates effective strategies for potential financial risks |
Formulates fairly effective strategies for most financial risks |
Formulates limited or ineffective strategies for identified risks |
Financial Planning and Analysis |
Demonstrates high proficiency in financial planning and analysis with regards to risk |
Demonstrates moderate proficiency in financial planning and analysis with regards to risk |
Demonstrates limited proficiency in financial planning and analysis with regards to risk |
Procedure: Regular monitoring of financial risks through internal audits, financial reports, and market analysis. Annual review of the Risk Assessment Rubric to update strategies and risk priorities.
Contact Information:
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[Your Company Name]
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[Your Company Address]
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[Your Company Phone Number]
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[Your Company Email]
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[Your Company Website]
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[Your Social Media]
Prepared By:
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[Your Name]
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[Your Personal Email]
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[Your User Phone]
Document Date: [Month Day Year]