A Controller's Guide to Assessing the Risk of Your Organization - Risk Management Basics and Developing the Risk Management Process

OL1215  |  On Demand Course  |  Update  |  Self-Study

Description

Gone are the days where the CFO simply manages the preparation of financial statements for the organization. Now, more than ever, CFOs are responsible for other operational parts of the organization, including risk management. This course is a how to guide for CFOs that are being asked to take on the role of risk manager for their companies. We will explore how to measure and score risks in an organization. We will also talk about the Entity-Wide risk management approach and both the importance and difficulties of implementing an on-going risk assessment program.

Credits

Number of Credits Type of Credits
1.00 Business Management & Organization

Highlights

  • Why risk management?
  • Risk Basics
  • Traditional Risk Mgmt vs. ERM
  • Developing the Risk Mgmt Process
  • Elements of a Good Risk Register

Objectives

  • Discern the difference between traditional risk management and enterprise-wide risk management
  • Describe how to find risks within your organization
  • List the elements of a good risk register
  • Compute risk scores using factors of frequency and severity

Notes

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Prices

Member (Early Bird)
$49.00
Non-Member (Early Bird)
$79.00
Member
$49.00
Non-Member
$79.00
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Instructors

David Peters

David Peters is the founder and owner of Peters Tax Preparation & Consulting in Richmond, VA, as well as a financial advisor for Peters Financial, LLC. He has over 15 years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry.

David was the first-ever Chief Financial Officer at Compare.com – a position he held for over three years. He is a national CPE instructor/discussion leader for the AICPA, Kaplan, and Surgent, and he was a recipient of Surgent's Outstanding Discussion Leader award for 2019. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. He is the advisor for business and industry topics for the South Carolina Association of CPAs and was a recipient of The American College of Financial Services' 2019 NextGen Financial Services Professional Award.

He holds four master's degrees and is currently pursuing his Ph.D. in financial planning. He contributes regularly to various CPA publications, including NCACPA's Interim Report, SCACPA's CPA Report, and VSCPA's Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia. Registered Representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Adviser. Carroll Financial and Cetera Advisor Networks, LLC are under separate ownership and are not affiliated with any other named entity.

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