myCPE

Risk Responses, Reporting, and Responsibilities 3 Credits

Sep 24, 2024, 03:00 PM ET

Risk Responses, Reporting, and Responsibilities 3 Credits

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Sep 24, 2024, 03:00 PM ET

Learning Objective

  • To develop the skills to effectively communicate risk-related information to stakeholders, fostering transparency and trust.
  • To delve into the "Three Lines of Defense" model, participants will grasp the importance of aligning assurance activities across different organizational levels.
  • To evaluate the Role of Internal Auditors in Risk Management.
  • To Enhance Strategic Risk Response Competence.

Course Overview

In the dynamic realm of risk management, an adept response to potential risks is essential for organizational resilience. 

This Course delves into the art of responding to risks with strategic agility, emphasizing key strategies and methodologies that empower organizations to effectively address and mitigate potential challenges. Participants will gain insights into the significance of transparent reporting on risks and risk management practices, fostering trust among stakeholders and enabling proactive engagement. Additionally, the course explores the integration of continuous improvement practices within risk assessment, enabling organizations to evolve in alignment with emerging insights and changing circumstances.

Understanding and defining roles and responsibilities within risk management is fundamental for a cohesive and robust response strategy. Internal auditors play a pivotal role in the risk response landscape. This course module sheds light on the multifaceted responsibilities internal auditors undertake, from critically assessing risk management processes to contributing to the evaluation of strategic risks that shape an organization's direction.

Major Topics Covered:

  • Consider Options for responding to risk
  • How to report on risk management to stakeholders
  • Explore the impact of culture
  • Understand the related roles within the organization
  • Dive into coordinating across the organization
  • Weigh how to assess risk management

In this CPE Auditing Course, we will explore reporting, continuous improvement, role distribution, and the vital role of internal auditors, participants will be empowered to navigate risks with a proactive and strategic approach, fostering organizational resilience and sustainable success.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 3 CPE Approved
Risk Management for Certified Internal Auditors (CIA) 3 CPE Eligible
Auditing for Certified Management Accountants (CMA) 3 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 3 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 3 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 3 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 3 CPE Eligible
Risk Management Assurance for Certification in Risk Management Assurance (CRMA) 3 CPE Eligible
Risk Management for Certified Internal Controls Auditor (CICA) 3 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 3 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 3 CPE Eligible
Risk Management for Financial Risk Manager (FRM) 3 CPD Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 3 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 3 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 3 CPE Eligible
Risk Management for Certified Controls Specialist (CCS) 3 CPE Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 2 CPE Approved
Risk Management for Certified Internal Auditors (CIA) 2 CPE Eligible
Auditing for Certified Management Accountants (CMA) 2 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 2 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 2 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 2 CPE Eligible
Audit Risk for Certification in Risk Management Assurance (CRMA) 2 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 2 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 2 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
Risk Management for Financial Risk Manager (FRM) 2 CPD Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 2 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 2 CPE Eligible

Additional Information

Credits

3

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Explore your career with MY-CPE online CPE courses for CIA professionals. Earn valuable CIA CPE credits while expanding your skills and knowledge from anywhere, anytime. Our courses cover a wide range of topics relevant to your field, ensuring you stay up-to-date with the latest developments. With flexible scheduling and expert-led content, MY-CPE provides a convenient and effective learning experience tailored to your needs. Join us today and take advantage of our comprehensive resources to propel your career forward. Let MY-CPE be your trusted partner in achieving your professional goals.

About Instructor

Douglas Anderson

Douglas Anderson

Owner, Douglas J Anderson LLC

  • 4.5
  • rating
  • rating
  • rating
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Experienced professional skilled in Internal Audit, Risk Management, Corporate Governance, Finance & Accounting, and Mergers & Acquisitions. Strong consulting experiences across a number of different organizations and countries.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

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MHK

Myung Hwan Kim, CPA (US)

5

The slides were well-organized and simple, so, they were easily understandable. The topics were well designed to address the title of the lecture which is risk management and related issues. The lecture was steady and consistent. The poll questions were relevant and related. Overall, the webinar was great.

SJ

Samer Jibril, CIA

5

Douglas has excellent practical knowledge on risk management and he has explained from his wide experience the main complexities faced when the 3 lines model exists in an organisation and how to practically react to that with ultimate goal of meeting company objectives.

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    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

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