Managing risk and reward is an important balancing act for growing your practice, and critical to ensuring your compliance with APES 325 Risk Management for Firms and providing a quality service to your clients.
That’s why you now have access to an online tool that will help you develop a custom risk management framework (RMF) for your practice, tailored to your individual circumstances. It will help you identify, assess, mitigate, implement and monitor the risks to your practice.
All public practice certificate (PPC) holders managing a practice must have an RMF to be compliant under APES 325. The document you create using the tool will be APES 325 compliant, helping you to meet your regulatory obligations.
Benefits of the tool for your practice
- Makes compliance with APES 325 easier and faster
- Reduces risk for your individual practice
- Provides you with a guided process for simplicity
Risk management framework tool
View transcript (PDF)
Frequently Asked Questions (PDF)
If you experience difficulties using the tool or would like to provide feedback, contact firstname.lastname@example.org
The CPA Australia Risk Management Framework Tool and any material generated through the tool is designed to assist CPA Australia members holding a public practice certificate to document their firm’s risk management policies and procedures under APES 325 Risk Management for Firms.
Use of the tool and any material generated by the tool should not be considered as conclusive or definitive in relation to an assessment the firm’s compliance with APES 325 Risk Management for Firms. CPA Australia makes no representations, warranties or guarantees about the appropriateness and/or fitness for purpose of the tool and any material generated by the tool.