Internal Control Development That Balances Risk with Strategy Webcast | 4193895B

Date :
May 9, 2019 8:30 AM - 4:00 PM
Location :
Webcast
Facility :
Webcast Rebroadcast
Level of Difficulty :
Intermediate
Member Price :
295.00
Nonmember Price :
400.00
CPE Credits :
CPE 8.00, AA 8.00
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This session uses the updated The COSO Enterprise Risk Management Framework as well as other authoritative sources to explore how organizations of all size and type can drive the entity in a desired direction while keeping aware of risks associated with business activities.

This material is becoming more and more beneficial as companies strive to address business challenges such as evolving markets, the rapid rate of change in the business world and the notable increase in regulation standards. This material is taught using ideas set forth by authoritative bodies as well as with case examples to help participants conceptualize the content. Those that work with internal controls and regularly consider risk management, should strongly consider this session.

Objectives:

  • List the foundational components of the COSO Risk Management Framework
  • Understand how risk affects strategy and how the converse is true
  • Define important concepts such as “Risk Appetite,” “Framing Risk” and “Risk Tolerance”
  • Explain the importance of organization strategy at varying levels of an entity
  • List important steps required to analyze risk as it relates to strategic moves by a company

Major Subjects:

  • An overview of COSO ERM concepts
  • The steps needed to build and maintain strategies
  • Understanding and control risk added by changes in direction

Advanced Prep:

None.

Misc. Information:

This course will adjourn at 4 p.m.

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Level of Difficulty:
Intermediate
Field of Interest:
Accounting
Prerequisites:

A basic understanding of risk and internal control concepts.

Designed For:

CPAs, accounting and business professionals.

Instructors

Karl W. Egnatoff, CPA.CITP
Karl Egnatoff, a member with Phoenix Beach, LLC, is a Certified Public Accountant (CPA) living in Myrtle Beach, South Carolina. He has worked as an information technology services provider and a trainer related to financial and business technology projects since 1995. He has been teaching group-live and web-based continuing education since 2006. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP). During his working career, Egnatoff has owned and operated a number of successful businesses, all of which provided consulting and training services. The experience he garnered while running his companies serves him now as he develops and teaches continuing professional education. Egnatoff graduated from Marshall University, where he participated in Division I cross country and track, competing on the varsity squad. He and his wife Lana have been married since 1990 and have two grown sons.
No Agenda or Materials posted.