Your source for accounting information in West Virginia Your source for accounting information in West Virginia

Log in to access your benefits

Not registered? Get a free login
Not a member? Join for great discounts

Surgent's Controllership Skills Update: Risk Management (CONT)

03.07.18 1:00PM – 03.07.18 3:00PM

Details

Credits
2.00

Level
Intermediate

Fees

Member Fee
$89.00

Nonmember Fee
$114.00

Want to register?

View registration options

General Info

Description
Updated to include the topics of Disaster Planning, Business Continuity, and an expanded discussion on ethics. The most recent recession and its fallout, weather, 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.
Highlights

  • 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
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
Designed For
Public, private, and non-profit organizations and their members - CFOs, CEOs, controllers, auditors, and managers
Vendor
Surgent Associates, LLC
You must be logged in to add items to your cart. If you don't have a login you may create one for free, or save a bundle by becoming a member.