World Class Enterprise Risk Management
Take control of your organization’s risks and opportunities with the World-Class Enterprise Risk Management (ERM) Training Event, a dynamic workshop designed to present cutting-edge strategies for ERM professionals, strategic leaders, and decision-makers. Develop the skills and tools needed to lead proactive risk management initiatives and earn 4 NASBA-Approved CPE credits for your professional growth.
Why Attend?
1. Master ERM Principles - Learn the components of advanced ERM frameworks, such as COSO ERM and ISO 31000, to integrate risk management seamlessly into your organization’s strategic goals.
2. Elevate Your Risk Management Skills - Gain practical techniques for identifying, assessing, and mitigating risks while driving informed decision-making at every level of your organization.
3. Position Yourself as a Thought Leader - Equip yourself with world-class strategies to lead your organization's risk management efforts and enhance corporate resilience.
4. Earn 4 CPE Credits - Advance your expertise while enhancing your credentials with CPE credits in auditing and risk management disciplines.
What You’ll Learn
This interactive and practical course will immerse you in the essentials of enterprise risk management.
Course Highlights:
1. Understanding World-Class ERM Frameworks
Explore the COSO ERM and ISO 31000 frameworks for structured, efficient risk management.
Understand how these frameworks apply to corporate strategies, governance, and resilience.
2. Risk Assessment and Strategy Development
Learn methods for identifying, analyzing, and prioritizing risks.
Develop an effective ERM program tailored to your organization’s unique needs.
3. Embedding a Risk Culture
Discover strategies to foster engagement and accountability in enterprise-wide risk management.
Learn the keys to making ERM a pivotal part of organizational decision-making.
4. Communication and Stakeholder Engagement
Gain tools to effectively communicate ERM value and outcomes to stakeholders at all levels.
Understand how to align risk strategy with corporate objectives to drive engagement and support.
5. Exploring Trends and Challenges
Prepare for future risks with insights into emerging trends in the risk management landscape.
Tackle common challenges with actionable strategies from real-world case studies.
Interactive Features:
Case studies from successful ERM implementations.
Expert-led discussions and hands-on exercises to solidify practical understanding and applications.
Key Topics Covered:
The five components of COSO ERM and their applications.
Aligning ERM with strategic planning and decision-making.
Implementing risk management tools and quantification methods.
Navigating ISO 31000 and COSO ERM updates to improve effectiveness.
Benefits of Attending
Practical ERM Tools and Strategies: Develop actionable skills to build, implement, and sustain effective risk management frameworks.
Professional Growth: Earn 4 CPE credits while enhancing your ability to contribute to organizational success.
Improved Organizational Resilience: Help your organization adapt to challenges and secure a sustainable future.
Interactive Learning Experience: Collaborate with global professionals and learn directly from ERM experts with real-world insights.
Event Details
Schedule: Offered every eight weeks on Tuesdays, from 10 a.m. to 2:30 p.m. CST.
Duration: A 4-hour immersive training session.
Format: Group Internet-Based, providing a collaborative and flexible learning environment.
CPE Credits: 4 NASBA-Approved CPE credits (Auditing).
Cost: $280.
Private Training Available: Tailored schedules for small groups of two or more participants.
Who Should Attend?
This course is tailored for professionals ready to lead cutting-edge risk management efforts, including:
ERM Professionals: Elevate your expertise and impact in enterprise-wide risk mitigation.
Strategic Leaders: Integrate risk management strategies into corporate decision-making for a competitive edge.
Decision-Makers: Equip yourself to future-proof your organization against evolving risks and uncertainties.
Why ERM is Essential
Enterprise Risk Management is more than a necessity—it’s a strategic tool for success. By mastering ERM, you can:
Strengthen Resilience: Proactively address threats and opportunities to ensure organizational sustainability.
Enhance Decision-Making: Leverage data-driven insights and methodologies to align risks with goals.
Drive Value Creation: Build processes and frameworks that turn risk into a catalyst for growth and innovation.
Register Now
Don’t miss this opportunity to transform your approach to risk management and position your organization as a leader in resilience and strategy. Earn 4 CPE credits, gain hands-on expertise, and join a supportive community of professionals committed to ERM excellence.
Register today and start building a future-proofed enterprise risk management framework that empowers you to lead with confidence!
Details on Event Presentation
Offered every eight weeks on Tuesdays at 10:00 a.m. to 2:30 p.m. Central Time in four CPE-Credit event.
We can schedule private events on your timetable for two or more attendees.
NASBA Program Disclosures
Program Level of Understanding: Basic Prerequisites: None Advance Preparation: None Delivery Format: Seminar (Group Internet Based) NASBA Field(s) of Study: Auditing CPE Credits: 2, based on 50 minutes of instruction per hour
CPE Event Highlights
The ERM seminar reviews the following:
The Components of COSO ERM and ISO 31000
Logic presented by the COSO ERM Components
The structure used to describe the COSO ERM Framework
How to gauge the effectiveness of Risk Management
How to build a "Culture of Compliance"
Learning Objectives
Attendees will learn how to:
Define and document the "risk management framework" within an organization
Describe the COSO ERM Framework and its documents to management
Position themselves to plan and implement an effective ERM program
Key Issues on the Agenda
Section 1 - Introduction and Overview
Hindsight-Insight-Foresight - How ERM works!
Section 2 - What is "Risk" and its Impact?
What is "Risk"?
What do "Boards of Directors" think?
Example of taking a big risk
Defining ERM
Risk Dimensions
Risk Management Maturity
Section 3 - COSO 2013 Internal Control Framework
Internal control defined
Control Environment
Risk Assessment
Control Activities
Information & Communication
Monitoring Activities
Section 4 - Risk Strategies with COSO ICIF
Specifies suitable objectives
Corporate objectives and strategic plans
Identify and analyze risk
Enterprise risk assessment
Financial statement risk assessment
Financial statement assertions
Assess fraud risk
Significant change
Section 5 - Risk Strategies with Sarbanes-Oxley Act
Sarbanes-Oxley Act
PCAOB
Corporate Responsibility for Financial Reports
Code of Ethics
Enhancement of White Collar Crime Penalties
Why Do We Need Internal Controls?
Section 6 - Risk Strategies with COSO ERM and ISO
Effective Enterprise Risk Management Program
The COSO Risk Management Model
Risk Factors from the PCAOB ASs
What is the external auditor supposed to do?
Information technology risk factors
ISO 31000: 2009 Risk Management
COSO ERM 2.0 - "Five Components of Risk"
Calculating Your "Risk Appetite"
Section 7 - Risk Strategies with ARMICS
What is "ARMICS"?
Example of how to approach your "Risk Management Program"
What about your employee risks?
Risk software
Section 8 - Risk Reaction and Response
Fight or Flight?
12-Step Program to ERM
Risk Management is Not Perfect.
Section 9 - Assessing Internal Controls
Identify the "Key" Controls
Test and Remediate the Controls
How Do We Test Controls?
Identify the Lines of Defense
Continuous Monitoring of KPI's and Risks
Achieve the "Risk-Control Balance"
Section 10 - Going Forward
Summary of the Subject Matter
This CPE event "World Class Enterprise Risk Management" offers an in-depth exploration of cutting-edge strategies and best practices in enterprise risk management (ERM).
Attendees can expect to gain valuable insights into fostering a proactive risk culture, enhancing risk identification and assessment processes, and optimizing risk response mechanisms within their organizations. The event aims to equip participants with practical knowledge and actionable approaches to elevate their ERM frameworks to a world-class standard.
Key topics covered in the event include leveraging advanced risk quantification methodologies, integrating risk management into strategic decision-making, and harnessing technology for robust risk monitoring and mitigation. The program seeks to empower professionals with the tools and perspectives needed to navigate complex risk landscapes, fortify organizational resilience, and drive sustainable value creation.