Webcast: Controllership Skills Update: Risk Management (XSCONT17)
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Updated to include the topics of Disaster Planning, Business Continuity, and an expanded discussion on ethics. The most recent recession and its fallout, weather, process and product failures, and unethical behavior have again highlighted failures by numerous organizations in identifying and managing risk. The size and reputation of organizations proved not to be the key to success. Again, we saw that failures can result in areas/industries thought to be “under control” through their policies, p

 Export to Your Calendar 7/25/2017
When: 7/25/2017
12:00 PM until 2:00 PM
Where: Webcast
Surgent
CONT-2017-01-WEBNR-206-01
United States
Presenter: Tony La Russo, BA, MBA, CMA


Online registration is available until: 7/23/2017
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Acronym XSCONT17
CPE 2 hours
Vendor Surgent
Category
Management
Level Intermediate
Prerequisite Experience and/or exposure to financial management
Adv Prep None
Yellow Book? No
Designed for Public, private, and non-profit organizations and their members - CFOs, CEOs, controllers, auditors, and managers
Registration
Member $89
CPA Non-Member $114

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

Updated to include the topics of Disaster Planning, Business Continuity, and an expanded discussion on ethics. The most recent recession and its fallout, weather, process and product failures, and unethical behavior have again highlighted failures by numerous organizations in identifying and managing risk. The size and reputation of organizations proved not to be the key to success. Again, we saw that failures can result in areas/industries thought to be “under control” through their policies, practices and/or regulations. A core activity of financial management is to effectively protect the assets of their organizations, without significantly reducing new ideas and growth. This brief program provides insights and approaches to identify risk and manage the above noted trade-off. The course is designed for financial managers looking to quickly build upon their existing knowledge and experience, as well as to help to start the less experienced individual. It offers ideas that can be used immediately, as well as longer term approaches.

Objectives

  • Understand the sources of risk and potential actions/behavior that may hide them
  • Gain up-to-date knowledge of risk management and build upon and improve existing practices
  • Recognize actions/steps that can result in measurable benefits to an organization
  • Become familiar with the process of Business Continuity Planning
  • Identify and discuss analytical tools and areas for further investigation

Topics


  • Rethinking Risk Management:
    • Historic view
    • Challenges
    • Rules
    • Recent lessons
    • Required skills
  • Sources of Risk:
    • Economy
    • Competitors
    • Operations
    • Investments
    • Strategy
    • Compensation
    • Routine practices
    • Unethical behavior.
  • Enterprise Risk Management (ERM):
    • Defining ERM
    • Areas of focus
    • Implementation
    • Planning for disasters
    • Business continuity
    • Contingencies
  • Analytical Tools:
    • Post-completion evaluations
    • Simulation
    • Z-score
    • Hedging
    • Brainstorming
    • Mind mapping
    • Delphi technique