Description:
This seminar is designed for managers, auditors, analysts and executives responsible for mission and mission support risk assessment over financial and performance activities, including implementing the Federal Manager’s Financial Integrity Act and OMB Circular A-123. It is also designed for auditors and evaluators who need to understand the application and role of risk management and assessing internal control in sustaining organizational performance, efficiency, effectiveness, and accountability. Seminar topics are based on a combination of the GAO Green Book, Standards for Internal Control, the COSO standards for ERM as well as current literature written by our instructors. The seminar provides discussion, real life case study examples and application exercises.
Duration:
1 day
Level:
Intermediate
Credits:
0.6 CEU's, 8 CPE'sLearning Outcomes:
- Explain the need for ERM
- Describe risk in government
- Explain leadership accountability for enterprise risk management
- Identify strategies for building a risk culture
- Use ERM to define risk to strategic goals
- Articulate the role of ERM in the budget environment
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Other Recommended Courses:
Morning Session
- The Description of and Importance for ERM
- Accountability for Managing Risk
- Managing Risk Culture
- Using ERM to Inform Strategic Goals
- Mapping Risks to Strategic Goals
Afternoon Session
- Risk Maturity and Organizational Performance
- Standards for Effective ERM
- OMB Circular A-50 and Audit Follow Up Risk
- Risk Information and Communication
- Executive ERM Implementation Plan
