Course Description

Gone are the days where the CFO simply manages the preparation of financial statements for the organization. Now, more than ever, CFOs are responsible for other operational parts of the organization, including risk management. This course is a how to guide for CFOs that are being asked to take on the role of risk manager for their companies. We will explore how to measure and score risks in an organization. We will also talk about the Entity-Wide risk management approach and both the importance and difficulties of implementing an on-going risk assessment program. 

Learning Objectives

  • Discern the difference between traditional risk management and enterprise-wide risk management

  • Describe how to find risks within your organization

  • List the elements of a good risk register

  • Compute risk scores using factors of frequency and severity

Additional Required Materials

  • Level: Intermediate

  • Field of Study: Management Services – Technical (Enterprise Risk Mgmt)

  • Who Should Attend: Risk managers, CFOs, Controllers, and others who are involved in the risk management function at their firm.

  • Required Knowledge: Basic knowledge of corporate risk management functions

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.