Accounting and finance personnel play an important role in enterprise-wide risk management, including ensuring that financial statements and related disclosures are transparent about the impact of risks and uncertainties. This course will provide tips and best practices for coordinating risk management efforts and embedding a risk management focus in day-to-day activities.
Course ID: EEWRMP
Embedding Enterprise-Wide Risk Management Principles into Accounting and Finance
Learning Objectives
After completing this course, the participant will be able to:
- List best practices for enterprise-wide risk management
- Recall the importance of risk and uncertainty disclosures in financial statements
- List best practices for coordinating risk management efforts with management and those charged with governance
- Identify how to embed risk management practices into day-to-day activities
Major Topics
- Enterprise-wide risk management best practices for identifying, evaluating, and determining how to respond to relevant risks
- The importance of risk and uncertainty disclosures in the preparation and fair presentation of financial statements, including evolving risks with cybersecurity and ESG
- Coordinating risk management efforts, including the required involvement of corporate governance
- How to embed risk management into day-to-day accounting and finance activities
Who Should Attend
Anyone involved in accounting for finance responsible for managing enterprise-wide risk
Fields of Study
Management ServicesPrerequisites
Basic knowledge of internal control and financial statement concepts