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The Best Enterprise Risk Management (ERM) Awards 2018

Enterprise Benefits More, Validate ERO Achievement
Louis Leung is the Founder and President of Wing On Professional Group (WOPG) www.wingonprofessional.com and the Executive Director of Wing On CPA & Associates Limited.

After he had practised as a CPA (Certified Public Accountant) / Qualified Auditor in Hong Kong at the age of 23 years old for 17 years since he became a Practising CPA in 1984 after passing 18 examination papers via self study while working in "Big 4",  KPMG (previously known as "PMM"), he incorporated WOPG in order to accommodate different related professional services requested by his clients. 

During Louis Leung's 39 years experience up to now (2018) in auditing, taxation, accounting etc. fields since joining KPMG in 1979, he has been focusing on risk management / & assessment as the audit etc. approach. 

Louis Leung has not just applied the risk management to his CPA Practice but also to the community by cooperation with Hong Kong Productivity Council on a program of Business Alert by detecting financial risks in advance to avoid  companies towards closing down.

Louis Leung, being Certified Senior  Enterprise Risk Manager accredited by Asia Association of Risk and Crisis Management, and Certified Risk Manager accredited by The Institute of Crisis and Risk Management, has been using his enterprises risk management (ERM) to serve his clients and the social community for a number of years and, appreciates the establishment and continuity of the ERM Awards.
Louis Leung would like to encourage enterprises and individuals to join the 2018 Best ERM Awards for organisations and the Best ERO Award for Individuals (http://www.apc.org.hk/ermaward.html), organised by APC since 2015, in his opinion, throughout the process of participating in such Awards, enterprises will benefit themselves by self-examining and assessment of Risks and from the feedback and guidance from the experts of ERM Awards organiser APC. This is quite similar to a company going through the process of listing*, thereby enhancing their internal control, financial systems, corporate governance, and business mission achievements.

Louis Leung is the Co-Author of the book "Micro view of Financial Risk Management "

*Note: Based on ERM ISO31000 requirements, HKEX mandates a consistent and effective approach applied across the Group to manage the risks associated with its business and operations. (page 81, HKEX Annual Report 2017)



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HKEX 2017 Report

Based on ISO31000 requirements, HKEX mandates a consistent and effective approach applied across the Group to manage the risks associated with its business and operations. (page 81, HKEX Annual Report 2017)









Manage Technology Risk using ERM ISO 31000

Risk Manager, China Construction Bank

About ISO 31000

Risks affecting organizations can have consequences in terms of economic performance and professional reputation,
as well as environmental, safety and societal outcomes. Therefore, managing risk effectively helps organizations to perform well in an environment full of uncertainty.

ISO 31000:2018 provides principles and generic guidelines on risk managements that can be used by any public, private or community enterprise, association, group or individual.

ISO 31000 will be utilized as an umbrella standard to harmonize risk management processes in existing and future standards such as ISO9001, ISO14000, ISO27005, ISO28000 etc. It provides a common consent in risk management sectors but does not replace those standards.

It places more emphasis on both the involvement of senior management and
the integration of risk management into the organization.

This includes the recommendation to develop a statement or policy that confirms a commitment to risk management, assigning authority, responsibility and accountability at the appropriate levels within the organization and ensuring that the necessary resources are allocated to managing risk.

ISO 3100 Risk Management Guidelines





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