INTEGRATION OF RISK ASSESSMENT INTO FINANCIAL MODELS IN ORDER TO MAKE MORE SUCCESSFUL DECISIONS

This paper explores the importance of integrating risk into financial models to improve the decision-making process. Through the analysis of various methods such as Monte Carlo simulations, stress testing and scenario modeling, the paper shows how the integration of risks enables more accurate forecasts and better management of uncertainties. Examples from practice, such as the experiences of global financial institutions and corporations, illustrate how by applying these techniques companies can reduce losses and optimize financial performance. The paper further analyzes the challenges and limitations that arise when implementing these models. In conclusion, it is emphasized that the integration of risks is crucial for making sustainable and informed financial decisions in the modern business environment.