What Really is Risk Management?
 
Event Details
What Really is Risk Management?
06/16/2021
1:00 pm - 3:00 pm
Virtual
Event Description

Join the IIA Florida West Coast Chapter as we welcome Jason Mefford, a rock star in internal audit, risk management and compliance. Jason is a go-to resource for CAEs. In this webinar, Jason will discuss the basics of risk management and apply them in a practical and everyday example way so you really understand the concepts and can communicate with others in the organization. We are fortunate to have him present to our chapter!

Those members holding the CRMA certification will appreciate these two hours as they qualify as "risk" hours towards the five required each year.

Session Overview:

Understanding risk management is a key knowledge area for internal auditors. If we expect to perform risk-based internal auditing, we have to understand risk management.

The problem is most internal auditors do not understand risk management outside of internal control concepts. Our profession tends to use a very specific language that doesn't make sense to other managers of risk in organizations. In fact, when we say things like "the risk of a control not working" career risk managers roll their eyes and believe we have no idea what we are talking about.

And it's not just internal auditors. Most people who work in risk management roles, don't really understand risk that well either. That is why there are so many communication breakdowns and misunderstandings when people discuss risk.

In this course we discuss the basics of risk management and apply them in a practical and everyday example way so you really understand the concepts and can communicate with others in the organization.

After this session, participants will be able to:

  • Understand the major risk management frameworks, their similarities and differences.
  • Explain the various categories, levels and functions of risk management.
  • Use basic understanding and vocabulary about risk so you understand others, and can modify your language to be understood.
CPE:  2 in Specialized Knowledge & Applications

Fee:  $25 members, $35 non-members (Registration with payment is required prior to receiving the confirmation log-in link.)