Businesses face rising risks from geopolitics, cyber threats, climate change, and regulations. Accountants are helping clients navigate these by translating risks into financial impacts, advising on compliance, climate, and cybersecurity, and acting as trusted partners. Risk advisory is becoming a core service for building resilience and guiding growth.
Squaring up to risk
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Businesses face growing risks from geopolitics, climate change, cybersecurity, and regulatory pressures.
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Risk exposure varies by company size and industry, with SMEs often more vulnerable to immediate threats.
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Accountants are increasingly providing risk advisory, using financial insights to identify, quantify, and mitigate threats.
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They help translate complex risks, including climate and tech-related issues, into tangible financial impacts for clients.
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Risk management is becoming a core component of advisory services, integrated into compliance, audit, and strategic planning.
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UHY’s global network allows consistent, cross-border risk support for clients operating internationally.
This article was first published in UHY Global magazine issue 20, in July 2025, and is reproduced with permission.
