Description:
Enterprise Risk Enterprise Management (ERM) at the executive level incorporates system-wide assessment of organizational risks, trade-offs, and controls over the mission direction, allocation of and accountability for resources, and protection of human, fiscal, information, and physical assets for effective operations. This seminar is an essential guide for executive leaders and managers in gaining awareness of the risks, challenges, and opportunities in a dynamic external environment and of internal operations to proactively manage and reactively respond. This seminar helps decision makers better understand the interrelationship of risk vs reward, control objectives, and decision points for leveraging resources, addressing challenges and opportunities for high performance.
Duration:
1 day
Level:
Advanced
Who Should Attend?
Senior executives, organizational strategic planners, and resource managers/decision makers of federal, state, and local government agencies.
Credits:
8 CPEsLearning Outcomes:
- Understanding the Nature Risk in Government.
- Recognizing the Risk vs. Internal Control vs. ERM relationship.
- Following/implementing the Risk Management process.
- Understanding the "whys" for an ERM Approach.
- Gaining Value from ERM for higher performance.
- Valuing the Complementary Role of Audit within ERM.
- Achieving Leadership accountability for Enterprise Risk Management.
- Developing Strategies for building a risk awareness culture.
- Using ERM to define risk to strategic goals.
- Applying ERM as an element of organizational decision-making.
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- Module 1 Risk in government
- Module 2 Risk vs. Internal Control vs. ERM
- Module 3 The Risk Management process
- Module 4 The need for ERM
- Module 5 Gaining Value from ERM
- Module 6 Additional Considerations
Other Recommended Courses:
AUDT8003 FINC8010 FINC9005 FINC9010
