Surgent's Controllership Skills Update: Risk Management
Available Anytime
Location:
Online
2Credits
Accounting and Auditing and Technical Business
Registration is Open
FICPA Members
Nonmembers
$119.00 Regular Price
Product Code: SU24-CONT-SSWC
Level: Update
Vendor: Surgent
Field of Study: Accounting, Business Management & Organization
Overview:
The most recent recession and its fallout, weather (look at 2017), process and product failures, and unethical behavior have again highlighted failures by numerous organizations in identifying and managing risk. The size and reputation of organizations proved not to be the key to success. Again, we saw that failures can result in areas/industries thought to be "under control" through their policies, practices and/or regulations. A core activity of financial management is to effectively protect the assets of their organizations, without significantly reducing new ideas and growth. This brief program provides insights and approaches to identify risk and manage the above noted trade-off. The course is designed for financial managers looking to quickly build upon their existing knowledge and experience, as well as to help to start the less experienced individual. It offers ideas that can be used immediately, as well as longer term approaches. Updated to include new information particularly in the areas of disaster planning, business continuity, and ethics, as well as a sample group exercise to test your current risk management systems.Objectives:
- Understand the sources of risk and potential actions/behavior that may hide them
- Gain up-to-date knowledge of risk management and build upon and improve existing practices
- Recognize actions/steps that can result in measurable benefits to an organization
- Become familiar with the process of Business Continuity Planning
- Identify and discuss analytical tools and areas for further investigation
Major Topics:
- Rethinking Risk Management:
- Historic view
- Challenges
- Rules
- Recent lessons
- Required skills
- Sources of Risk:
- Economy
- Competitors
- Operations
- Investments
- Strategy
- Compensation
- Routine practices
- Unethical behavior.
- Enterprise Risk Management (ERM):
- Defining ERM
- Areas of focus
- Implementation
- Planning for disasters
- Business continuity
- Contingencies
- Analytical Tools:
- Post-completion evaluations
- Simulation
- Z-score
- Hedging
- Brainstorming
- Mind mapping
- Delphi technique
Designed For:
Public, private, and non-profit organizations and their members - CFOs, CEOs, controllers, auditors, and managersPrerequisite:
Experience and/or exposure to financial managementAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.