RASB - The Risk Accounting Standards Board

The Risk Accounting Standards Board (RASB) is a not-for-profit organization dedicated to developing and promoting a new global standard for risk accounting. Its mission is to create a comprehensive conceptual framework that enables organizations to better measure, manage, and report on risk, thereby providing investors and other stakeholders with more transparent and useful information for decision-making. RASB aims to establish risk accounting as a distinct discipline, similar to financial accounting.