Risk Appetite Statement Assessment

Risk Appetite Statement Assessment

A board can point to a Risk Appetite Statement. Can your board show how it shapes decisions, reporting, escalation, and board records?

This assessment gives Chairs, CEOs, Directors, Company Secretaries, CFOs, and governance leads a structured board-level read on whether risk appetite is being defined, used, escalated, and recorded - and a reasoned conclusion on what, if anything, to do next.

What it covers

Ten questions across three areas: appetite ownership and shared understanding; decision use, reporting and escalation; integration, records and operational use.

What you receive

• A completable Risk Appetite Statement Assessment (PDF with response fields)
• Guidance for every question showing what good practice looks like and the gaps boards can miss
• An interpretation of the gaps and uncertainties identified in your responses
• A reasoned conclusion, including whether any further action is needed
• A one-page summary you can share with the Chair, CEO or Company Secretary, or table at a board meeting

This is for your board if

• you have a RAS, but cannot point to recent decisions shaped by it
• directors interpret appetite differently
• risk reports show exposure but not appetite position.
• escalation depends on sensitivity, politics, or habit
• board papers and minutes do not show how appetite informed the decision
• your RAS sits apart from your Delegation of Authority, Risk Register, Remuneration Framework, or board reporting

Prefer to pay by EFT or purchase order? Email liam@northseat.com.au and we'll arrange it.