Risk Management in a Post-Covid World - Nebraska Society of CPAs

Overview

With each new crisis, surviving organizations revise their risk management plans, often modeling situations which look like the one just past. Whatever crisis troubles your organization next, it is not likely to be another pandemic, but may resemble some other crisis from the distant past.

Research shows that top performing organizations do no better than their mediocre-performing peers at predicting the next crisis. However, because they have plans in place to handle one possible risk, they are better prepared when a different crisis happens as a result of having important elements of a solution in place. Often well-prepared organizations actually end up better off because the crisis occurred.

Course Instructor: John L. Daly, MBA, CPA, CMA, CPIM

Highlights

Black Swan Risks
Role of Finance, Internal and External Auditors
COSO's Risk Management Standards
The COSO Cube
The COSO Double Helix
Risk Management Definitions
Event Identification
Expected Value Analysis
The Heat Map
The World Economic Forum Global Risk Reports
Alternative Risk Responses
Avoidance
Reduce/Increase
Share
Accept
Lessons from the Great by Choice Research
Personal Risk Management

Prerequisites

Some risk management experience is helpful

Designed For

Auditors, CEOs, CFOs, Controllers, Board Members, Internal Auditors and those with risk management responsibilities

Objectives

Recall the risk management lessons from the COVID pandemic
Realize the role of Auditors in risk management

Preparation

None

Notice

This is an OnDemand course offered by a third-party vendor. To access the course after purchase, go to My NESCPA and then My CPE and click on My OnDemand. Individual courses are available 90 days from the date of purchase.