Risk Management Techniques and Tools - Utah Association of CPAs

Overview

Identify and eliminate risk
Understand how risk affects all areas of business-from hiring and onboarding to customer fulfillment and customer support, and everything in between. Gain the knowledge to make informed decisions about risk assessment. Understand the importance of fully integrating risk assessment techniques into other elements of enterprise risk management.

Tools and techniques
With the assistance of 17 tools and techniques, learn how to assess and manage risks in your organization. Compare SWOT analysis and PESTLE analysis in analyzing risks. Understand how enterprise risk management (ERM) can help protect and enhance stakeholder value. Learn how ERM can be used by businesses of all sizes.

Highlights

Enterprise risk management

ISO 31000:2018 principles

COSO ERM framework

Tools and techniques in risk awareness and management

Value stream perspective for enterprise risk management

Prerequisites

Familiarity with enterprise risk managment concepts and best practices

Designed For

Practitioners of any level who play a risk management role in entities of any size

Objectives

Distinguish between the ISO, COSO, and generic risk management models
Recall the benefits of enterprise risk management
Recognize the challenges implementing enterprise risk management.
Identify tools and techniques to identify and eliminate risk throughout the organization.
Determine how processes and procedures can be enhanced by using a value stream perspective for enterprise risk management.