With each new crisis, surviving organizations revise their risk management plans, often modeling situations which look like the one just past. Whatever crisis troubles your organization next, it is not likely to be another pandemic, but may resemble some other crisis from the distant past.
DESIGNED FOR
Auditors, CEOs, CFOs, Controllers, Board Members, Internal Auditors and those with risk management responsibilities
BENEFITS
After attending this presentation you will be able to...
- Recall the risk management lessons from the COVID pandemic
- Realize the role of Auditors in risk management
HIGHLIGHTS
The major topics that will be covered in this class include:
- Black Swan Risks
- Role of Finance, Internal and External Auditors
- COSO's Risk Management Standards
- The COSO Cube
- The COSO Double Helix
- Risk Management Definitions
- Event Identification
- Expected Value Analysis
- The Heat Map
- The World Economic Forum Global Risk Reports
- Alternative Risk Responses
- Avoidance
- Reduce/Increase
- Share
- Accept
- Lessons from the Great by Choice Research
- Personal Risk Management
COURSE LEVEL
Intermediate
PREREQUISITES
Some risk management experience is helpful
ADVANCE PREPARATION
None