Key Performance Indicators (KPI) and Key Risk Indicators (KRI)
Author: Cory Campbell
| CPE Credit: |
2 hours for CPAs |
In this course, participants will delve into the world of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), understanding how these metrics can be powerful tools for assessing and optimizing financial performance. Through engaging discussions, practical exercises, and real-world case studies, attendees will gain the knowledge and skills needed to leverage KPIs and KRIs effectively in the dynamic landscape of modern accounting.
Publication Date: June 2025
Topics Covered
- Key metrics that align with organizational goals and objectives
- Learn how KPIs can be utilized to measure and track financial success and operational efficiency
- The role of Key Risk Indicators in identifying potential threats to financial stability
- Methods for selecting and monitoring KRIs to proactively manage and mitigate risks
Learning Objectives
- Identify the concept of Key Performance Indicators (KPIs) and their role in financial assessment
- Describe a risk management strategy that incorporates KRIs into accounting frameworks, ensuring proactive risk mitigation and decision-making enhancement
- Explain the impact of selected KPIs and KRIs on decision-making processes in accounting
- Identify the law that prescribes that technology changes exponentially yet organizations change logarithmically
- Identify what is considered an emerging risk in the financial services industry
- Identify an example of a lagging indicator
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
None
Advance Preparation
None
