Enterprise Risk Management ON DEMAND
Available Until
Your Desk
11.0 Credits
Member Price $87.00
Non-Member Price $100.00
Overview
A well-run business needs to factor risk into its daily operations in order to keep from incurring unexpected losses. This CPE course provides detailed guidance for doing so. Enterprise Risk Management describes the concept of risk management, how to identify risks, and how to prioritize the responses to these risks. Participants learn how to integrate risk management into an organization’s strategy and day-to-day operations, as well as who is responsible for it. The course addresses risk management at the level of the individual functional area, including treasury and accounting, sales and marketing, human resources, and information technology. There is coverage of contingency planning, insurance, financial analysis, and risk-related measurements and reports. Risk management is a major failing in many organizations; use the planning advice in this course to rise above the crowd.
Highlights
Risk management. Treasury risk management. Sales and marketing risk management. Supply chain risk management. Production and distribution risk management, and more.
Prerequisites
None.
Designed For
CPAs, CEOs, CFOs, and other accounting professionals.
Objectives
Recognize the benefits of risk management, the circumstances under which an organization can retain risk, the characteristics of an enterprise risk management system, and the contents of an organization’s risk profile. Specify the contents of a credit rating system, and the circumstances under which operational hedges, forward contracts, payment netting, call options, and interest rate swaptions are used. Identify the risk mitigation efforts that can benefit from centralized marketing management and product testing, as well as the tactics used to mitigate the risk of false marketing claims. Specify the uses of surety bonds, as well as the available risk mitigation alternatives for late deliveries. Recognize the alternatives available to reduce the risks of insufficient capacity. Identify the risk-related benefits of offering a richer benefits package to employees, as well as the options available for offsetting a decline in employee morale, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $100.00
Member Price $87.00