ACCOUNTING AND RISK MANAGEMENT IN ORGANIZATIONS

Abstract

Accounting has become a fundamental tool for risk management in organizations, playing a strategic role in identifying, assessing, and mitigating financial and operational threats. In an increasingly complex economic and regulatory environment, it is essential to understand how efficient accounting practices can contribute to business sustainability. This study aimed to analyze the impact of accounting on risk management, investigating its relationship with corporate governance, accounting auditing, and the use of emerging technologies, as well as evaluating the effectiveness of methodologies such as the COSO framework and ISO 31000. To achieve this, a qualitative approach was used, based on a bibliographic review of academic articles, books, and institutional studies that address the intersection between accounting and the mitigation of financial and operational risks. The results showed that the adoption of structured accounting practices and the use of advanced analytical tools not only reduce business vulnerabilities but also increase transparency and strengthen the credibility of organizations in the market. Furthermore, it was observed that companies investing in the training of accounting professionals and the digitalization of their financial processes exhibit greater resilience to market uncertainties. Thus, it is concluded that accounting should not be seen merely as a regulatory requirement but as a strategic tool for decision-making, promoting greater predictability and efficiency in corporate management. The findings of this study highlight the importance of modernizing accounting processes and suggest the need for future research exploring the applicability of new technologies in managerial accounting and risk management.