Risk Analysis and Management

What Every Financial Manager Must Know

In this turbulent world, risk management responsibility has fallen squarely on financial managers’ shoulders. Audit committees and external auditors are asking questions they never asked before. We must prepare to give them answers! Gain insight about Enterprise Risk Management (ERM) and what professional standards say every company must do.

Find upcoming dates for this seminar

Excellent. Very informative.

-Greenville, SC

Topics Discussed

Business Risk Categorization

  • What is “risk”?
  • What are the categories of risk?
  • Understand the COSO ERM model

Risk Assessment and Mitigation

  • Understand risk control processes
  • Receive an update on SOX risk management
  • Assess risk: small vs. large companies
  • Understand the financial manager’s role
  • Understand six risk management tools
  • Know how to responsibly “frame” risk

Ethical Risk-Taking

  • Take a brief quiz to determine if you are a risk-taker or a risk-avoider
  • Know how ethics and risk concepts interrelate
  • Learn risk management’s behavioral aspects
  • Know how much risk you can live with
  • Understand factors that distort our perceptions in framing risk and making risk decisions

Cases and Exercises

This seminar includes five interactive exercises as a vehicle for group discussion.

Additional Information

Target Audience: Upper level financial managers

Level of Knowledge: Intermediate

Area of Study:

6 hrs – Auditing

2 hrs – Ethics

CPE Credit: 8 hours group live

Prerequisite: None

Adv. Preparation: None

Author: Dan Chenoweth

Acronym: RAM

Scheduling: Schedule with The Tactical CFO or Only Financial Officer 3.0 to make a two-day series.