Risk Management Techniques and Tools

Risk affects all areas of business - from hiring and onboarding to customer fulfillment and customer support. Assessing risks allows your executive team and others to make informed decisions. This webcast contains 17 tools and techniques to assess and manage risks in your organization. You will learn how to evaluate your organization's current systems and practices to identify and eliminate risks throughout your organization and apply a value stream perspective to your risk management.

Learning Objectives

Distinguish between the ISO, COSO and generic enterprise risk Management models
Recall the benefits of enterprise risk Management
Recognize the challenges of implementing enterprise risk Management
Identify tools and techniques to Identify and eliminate risk throughout the organization
Determine how processes and procedures can Be enhanced by using a value stream perspective for enterprise risk Management

Major Topics

Enterprise risk management protects and enhances stakeholder value
ERM can be used by businesses of all sizes
SWAT analysis and PESTLE analysis to analyze risks
Tools and techniques in risk awareness and management
Value stream perspective for enterprise risk management
ISO 31000-2018 principles
COSO ERM framework

CPE Credits Available

2 CPE

2: Advisory Services

Things to Know About This Course

Course Level

Intermediate

Prerequisites

Familiarity with enterprise risk management concepts and best practices.

Intended Audience

Accountants and finance professionals who play a role in risk management within entities of any size