Navigating the German IDW PS340 Regulation with @RISK

This webinar is designed to showcase how @RISK can help navigate the IDW PS340 Regulation in Germany that asks all publicly listed companies for the early identification of events that could affect the continuity of business.

With @RISK, we can transform key financial statements (cash flow, equity forecast, risk register) into quantitative, probabilistic models which can act as an early warning system.

Please note, Palisade assumes no liability for your use of any of this example model. This example model is provided as-is without warranty of any kind, and by downloading it you assume all risk for the use of and/or results generated from this model.

Webinar Details

2022-11-02, 10am EDT

About the Presenters

About Raul Castro

Dr. Jose Raul Castro is currently a Senior Consultant and Trainer for Palisade Company LLC for the US and Latin America. Additionally, he has been a Professor for several top universities in Mexico and South America for over 20 years (where he has taught Risk Analysis and Statistical Computer Programming).

He is also the author of several international publications in the area of pensions, simulation & optimization, and is an evaluator for the Council for Higher Education Accreditation (COPAES) in the field of Actuarial Sciences in Mexico.

Before Palisade, Raul worked as a logistics manager for Ciba-Geigy, Novartis, Syngenta, and as a consultant for Pemex. During this time, he gained broad experience in spreadsheet modeling with applications that include: Insurance and Pensions, Financial Stochastic processes, Oil & Gas Risk Management, Chemical & Pharmaceutical Strategic Decision Making. Dr. Castro currently holds a BSc in Actuarial Sciences, an MBA, a Master's degree in Data Science and a Ph.D. in Managerial Finance.



About Karl-Heinz Pfitzmayer

Mr. Karl-Heinz Pfitzmayer is Senior Business Risk Manager at Heidelberger Druckmaschinen AG and has adapted risk management to the new requirements of IDW PS 340 nF. In addition to the fundamental adaptation of the content concept of the risk assessment, the introduction / adaptation of the tools for risk management was / is also part of the transformation.

Prior to this activity, Mr. Pfitzmayer prepared Group planning for Heidelberg for several years and was involved in corporate financing projects (capital increase, convertible bond, high-yield bond, rolling credit facility). Prior to this, Mr. Pfitzmayer worked for around twelve years as a management consultant and was responsible for projects in finance.


About Oke Ubani

Oke Ubani is the DACH Country Manager at Palisade and has worked with many companies of varying sizes to support them in implementing or optimizing their Probabilistic analysis.

With an understanding of project management and stakeholder management, he supports our customers with evaluating and implementing effective solutions facing companies looking to plan for uncertainty in the future.

He created this Webinar to support German Professionals with managing the IDW PS340 Regulation after working with numerous companies on implementing a solution.


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