Many organizations have gone through extensive efforts to comply with Sarbanes-Oxley and other internal control regulations to ensure accuracy in their financial statements. But financial statement controls cover only a small area of risk and often ignore the far greater risks resulting from weak operational and other financial controls. In this self-study webinar, you’ll learn how to:
- Define acceptable levels of risk and the accountant’s role in risk management
- Identify fraud and other risk factors
- Strengthen controls, limit risk and prevent fraud
This targeted self-study webinar will provide you with a firm grasp of the common financial and operational risks that still confront companies and what you need to do, beyond insuring against them, to manage those risks.
- Defining risk and quantifying acceptable levels of risk
- Determining the accountant’s responsibilities in risk management
- Utilizing financial statements, key performance indicators and common accounting tools to control risk
- Identifying ways to use key performance indicators to control risk
• Recognize the characteristics all business cyber-attacks have in common
• Recognize effective risk alignment strategies
• Recognize specified statistics on recent cyber security incidents
• Recognize the role of insurance in risk management programs
• Recognize the cyber risks unique to employees working from home
• Identify the expenses covered by specified cyber insurance policy coverage areas