Enterprise Risk Management 101 (Currently Unavailable)

Author: Lynn Fountain

Key Internal Control and Risk Management Strategies for Today's Businesses
In today’s world of evolving technologies and businesses, companies are taking on increasing levels of risk. This initiative has increased companies’ needs to employ appropriate Enterprise Risk Management (ERM) tactics in order to monitor and manage risk at the proper levels. In a world of do more at a faster pace, it is important for companies to manage their activities in a manner that can allow them to align risk strategies with overall risk management and internal control activities. Inability to do this may put the company at risk for not being able to meet strategic objectives.

The topic of Enterprise Risk Management continues to be an important element for organizations to successfully manage risk. Yet many organizations still approach the effort as a siloed set of processes instead of as an integrated part of business operations. This can render the program ineffective.

This course covers the basic concepts of Enterprise Risk Management and important elements that finance executives and personnel need to be aware of when implementing ERM across your company or the operations of your clients.

Publication Date: December 2018

Designed For
CEOs/CFOs/Executives, Board Members, Auditors and Accountants, Risk and Compliance Professionals, and Legal professionals.

Topics Covered

• Increased competitive advantage
• Increased likelihood of achieving strategic objectives
• Ability to meet increased stakeholder expectations
• Improved governance
• Increased likelihood of meeting regulatory and compliance expectations

Learning Objectives

• Identify the purpose and definitions of Enterprise Risk Management (ERM)
• Recognize how the right sized ERM to meet company objectives
• Discover how to establish a Framework for ERM
• Identify the roles, responsibilities, and accountabilities for ERM

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Management Services (2 hours)

Program Prerequisites
None

Advance Preparation
None