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.

T

The tool focuses on the critical areas of Financial Control, Balance Sheet, Income Statement and Expense Management, Debtors, Operations, Regulatory and Compliance.

Z

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.

n

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.