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WHY DO GEOPOLITICAL
EVENTS IMPACT BUSINESS
BY: PAUL YOUNG CPA, CGA
APRIL 12, 2017
AUTHOR / BIO
Septe
mber
9,
2014
• Paul Young, CPA, CGA
•SME – Financial Performance Management (TM1, Cognos Controller and
Cognos Disclosure Management, OpenPages, Algorithmics, Cognos Integrated
Server, Cognos Command Center and Datawatch)
•Industry Experience
•15+ years in Corporate Reporting, Budget & Forecasting, Costing,
Business Process Management, Internal Audit and Controls, Risk
Management, Financial Analysis, Costing
•11+ years in financial solutions (FOPM, FPM, Risk, Office of the Finance,
Risk Management)
•8+ years teaching Advance Finance, Advance Accounting, Public Finance
and Advance Management Information Systems
•Blogger in areas like Finance Analysis, Government policies, market
segment
AGENDA
• What are Geopolitical events?
• Supply Chain Management Integrated
• Government Role
• Business Role
• 2017 Key Risk Areas - Geopolitical
WHAT ARE GEOPOLITICAL EVENTS?
Geopolitics is a method of studying foreign policy to understand,
explain and predict international political behavior through
geographical variables. These include area studies, climate,
topography, demography, natural resources, and applied science of the
region being evaluated
Source - https://en.wikipedia.org/wiki/Geopolitics
SUPPLY CHAIN INTEGRATION
• Globalization of Supply Chain
• Business exposure to areas
like climate change or
Governmental changes or
infrastructure or labor rates or
shipping rates or investment
rules or taxation or
environment regulations
GOVERNMENTAL ROLE
• Governmental Structure
• Democracy
• Kingdom
• Socialism
• Government sets policies
• Taxation
• Regulations
• Investment in infrastructure
• Labor and Environmental Laws
• FIPA and Trade Agreements
BUSINESS ROLE
• Business needs to expand to new market
• Business needs to follow laws and regulation in the countries they do business
2017 – KEY GEOPOLITICAL RISKS
Source - https://www.zurichna.com/en/knowledge/articles/2017/03/global-
risks-report-2017-geopolitical-risks-come-to-the-fore - March 31 2017
RISK MANAGEMENT
• More and more companies include risk management as part of the reporting
RISK MANAGEMENT MARKET
ADDITIONAL SOURCES
• Reporting challenges facing business: https://www.slideshare.net/paulyoungcga/reporting-challenges-
for-office-of-finance-accounting-finance-tax-risk-management-internal-audit-november-2016

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How do Geopolitical Events impact Business

  • 1. WHY DO GEOPOLITICAL EVENTS IMPACT BUSINESS BY: PAUL YOUNG CPA, CGA APRIL 12, 2017
  • 2. AUTHOR / BIO Septe mber 9, 2014 • Paul Young, CPA, CGA •SME – Financial Performance Management (TM1, Cognos Controller and Cognos Disclosure Management, OpenPages, Algorithmics, Cognos Integrated Server, Cognos Command Center and Datawatch) •Industry Experience •15+ years in Corporate Reporting, Budget & Forecasting, Costing, Business Process Management, Internal Audit and Controls, Risk Management, Financial Analysis, Costing •11+ years in financial solutions (FOPM, FPM, Risk, Office of the Finance, Risk Management) •8+ years teaching Advance Finance, Advance Accounting, Public Finance and Advance Management Information Systems •Blogger in areas like Finance Analysis, Government policies, market segment
  • 3. AGENDA • What are Geopolitical events? • Supply Chain Management Integrated • Government Role • Business Role • 2017 Key Risk Areas - Geopolitical
  • 4. WHAT ARE GEOPOLITICAL EVENTS? Geopolitics is a method of studying foreign policy to understand, explain and predict international political behavior through geographical variables. These include area studies, climate, topography, demography, natural resources, and applied science of the region being evaluated Source - https://en.wikipedia.org/wiki/Geopolitics
  • 5. SUPPLY CHAIN INTEGRATION • Globalization of Supply Chain • Business exposure to areas like climate change or Governmental changes or infrastructure or labor rates or shipping rates or investment rules or taxation or environment regulations
  • 6. GOVERNMENTAL ROLE • Governmental Structure • Democracy • Kingdom • Socialism • Government sets policies • Taxation • Regulations • Investment in infrastructure • Labor and Environmental Laws • FIPA and Trade Agreements
  • 7. BUSINESS ROLE • Business needs to expand to new market • Business needs to follow laws and regulation in the countries they do business
  • 8. 2017 – KEY GEOPOLITICAL RISKS Source - https://www.zurichna.com/en/knowledge/articles/2017/03/global- risks-report-2017-geopolitical-risks-come-to-the-fore - March 31 2017
  • 9. RISK MANAGEMENT • More and more companies include risk management as part of the reporting
  • 11. ADDITIONAL SOURCES • Reporting challenges facing business: https://www.slideshare.net/paulyoungcga/reporting-challenges- for-office-of-finance-accounting-finance-tax-risk-management-internal-audit-november-2016