Commproprisk
Commproprisk is a risk management tool for Professional Managing Agents and the Trustees/Directors/Office Bearers of self-managed Community Property Schemes, to help them identify the risks and vulnerability to risk of the Schemes under their management or responsibility.
The tool focuses on the critical areas of Financial Control, Balance Sheet, Income Statement and Expense Management, Debtors, Operations, Regulatory and Compliance.
The feedback and guidance provided by the tool will not only facilitate the improvement of risk management and governance in Community Schemes but will help Managing Agents/Trustees/Directors/Office Bearers/Developers/Operators to focus on the key areas of risk and responsibility.
The tool can also play a major part in educating both the employees of Managing Agents and Trustees/Directors/Office Bearers, by facilitating a broader focus on the management of Community Schemes.
A repository for key relevant documentation of each Scheme is also provided as are risk guides, articles and relevant content for the better management and governance of Community Schemes.