This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Technical

Risk Management Logo cgma

  Kaplan Publishing Limited |   $65.00 - 75.00 |   CPE: 2.5 |   AICPA |   Aug 2015 |   Business Mgmt. & Organization |   AICPA Store
Who Will Benefit?
  • Management accountants wanting to develop skills in financial performance management
  • CGMA exam candidates
Topics Discussed:
  • What is risk and why incur it?
  • Risk management cycle
  • Identifying and categorizing risk
  • Business risk, management, and strategy
  • Risk management – The TARA framework
  • Ethical issues as sources of risk
  • Example threats and safeguards
  • The public interest
Learning Objectives

When you complete this course, you will be able to:

  • Apply the transfer, avoid, reduce, and accept (TARA) framework to decision making
  • Recognize business risk
  • Identify safeguards against ethical threats
This CPE course is included in the 60+ hours of Financial Performance Management Program. It can also be purchased individually or as a part of Financial Decision Making.

Risk in business is the chance that future events or results may not be as expected. Many business decisions will involve an element of risk and uncertainty. This CPE course explores what risk is, and why a business would incur risk. It describes the risk management cycle as well as identifying and categorizing risks. Many organizations categorize risks into different types. The use of risk categorization can help with the process of risk identification and assessment. This course looks at business risk, risk management, as well as the TARA framework, transference, avoidance, reduction, and acceptance. In addition, it includes ethical issues as sources of risk, example of threats and safeguards, and the overall public interest. 

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk identification & assessment, Foundational
  • Management accounting: Ethics, integrity & professionalism: Ethics, integrity & professionalism

Comments/Reflections

You may also be interested in:

Course – Online

Financial Decision Making