Risk identification and management is one of the new approaches that are used to strengthen and improve the effectiveness of organizations. The purpose of risk management is to identify and evaluate risk and adjust it using the resources available to the manager. In this article, the company's risk estimation model and its effectiveness on the quality of the company's financial reporting have been investigated. The statistical population of the research includes the companies admitted to the New York Stock Exchange, and the research sample was selected by applying the conditions of the research variables to the number of 129 companies (1548 years-companies) during the years 2009-2020. The statistical technique of panel data regression was used to analyze the data and test the hypotheses. The research results indicate that the company's risk management has a positive and significant effect on the quality of financial reporting. These results are also supported by using the Kuzo (2004) model. Comparing the predictive power of the corporate risk management model of Gordon et al. (2009) and comparing it with the corporate risk management model of Cuzo (2004), it was concluded that the corporate risk management model of Gordon et al. (2009) has the least error in predicting the quality of financial reporting. It has companies.