Instructions:

In this exercise, there are eight risk categories that can impact most organizations. They are identified on the column to the left. Under each major category, there are sub-risks as well. We’ve included descriptions for each to help you understand these areas so you can better determine their potential impact on your company.

To complete your input, start with the middle column entitled Rank of Impact. Using a scale of 1-6, with 6 being highest, indicate the potential IMPACT of each of these risks on your organization. Then, in the column to the right, indicate your PREPAREDNESS for each risk from Not Prepared to Fully Prepared.

The green bar at the top of the page will allow you to monitor your progress, and for the best results, the exercise should take 30 minutes. If you need to stop before you are complete, you can leave your session, and return later to log on and resume. At any point, you can save a PDF of your assessment. You can also go back and forth between categories without losing your input in any given section.

Upon completion, you’ll be given a top-level assessment of your primary sub-risks.

The optimal use of this tool, however, is comparing your organization’s risk profile against your industry peer group, and against the entire UHY Advisors risk database. To see how your company compares, you can contact a UHY Advisors ERAS professional by clicking on the link on the final page.

And if at any point you encounter a problem or question, contact ERAS@uhy-us.com

Click here to start the exercise