Identifying and Managing Cross-Enterprise Risks

Course Description

Enterprise Risk Management (ERM) is an integrated process of identifying, assessing, and managing the overall risks of an organization. It leverages integrated governance practices, internal controls, and measurement and reporting systems to manage risk while maximizing shareholder value. This course will explore ERM elements used to identify, assess, manage, and monitor key risks including articulating risk appetites, developing policies and procedures, conducting risk assessments, implementing internal controls, and reporting to management and the board. Students will use case assignments to examine risk assessment and management practices at various organizations and apply risk management tools and techniques to evaluate and make recommendations. Topics will include business aspects (strategic disrupters), control mechanisms (COSO ERM standards), government considerations (statutory and regulatory concerns), and ethical frameworks IMA, AICPA, ACCA).

Code

ACCT 5601

Credits

3

Subject

ACCT