myCPE
myCPE

Understanding and Identifying Risk 3 Credits

Sep 20, 2024, 02:30 PM ET

Understanding and Identifying Risk 3 Credits

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Sep 20, 2024, 02:30 PM ET

Learning Objective

  • To define the concept of risk and its significance in various contexts.
  • To explore the principles and methodologies of risk management.
  • To examine examples of emerging and novel risks in today's dynamic landscape.
  • To differentiate between different types of risks, such as financial, operational, strategic, and compliance risks.

Course Overview

In today's dynamic and interconnected world, understanding the concept of risk is crucial for individuals and organizations alike. 

Risk can be defined as the potential for events or circumstances to have negative impacts on objectives. These impacts can manifest in various ways, including financial losses, operational disruptions, reputation damage, and more. Different types of risks encompass financial, operational, strategic, and compliance risks, each requiring specific strategies for mitigation and management.

Effective risk management is a cornerstone of success in any endeavor. It involves a systematic approach to identify, assess, and address potential risks to achieve desired objectives. The primary objectives of risk management include minimizing the likelihood and impact of negative events while maximizing opportunities that may arise. By implementing formalized risk processes, organizations can proactively anticipate and respond to challenges, thus enhancing their overall resilience.

In this CPE Auditing Course, we will understand how managing risk is essential for thriving in an unpredictable world. By grasping the fundamentals of risk, embracing formalized risk management processes, mastering risk identification techniques, and navigating emerging and novel risks, individuals and organizations can proactively shape their destinies. 

Key topics covered in this course:

  • Consider what risk is
  • Explore different ways of looking at types of risks
  • Understand why we look at risks, and why this matters
  • Learn methods to identify existing and changing risks
  • Explore how to do the impossible - identify emerging risks

Join this CPE Webinar we will guide how a strategic approach to risk can enable better decision-making, enhance resilience, and drive sustainable success.

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.

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

Enter your qualification details to ensure this course is counted toward your compliance.

Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

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.

About Instructor

Douglas Anderson
Douglas Anderson

Owner, Douglas J Anderson LLC

  • 4.5
  • rating
  • rating
  • rating
  • rating
  • rating

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

rating rating rating rating rating
1,824 ratings

Excellent

Very Good

Average

Poor

Terrible

JS

Jeff Schaller, CIA

An excellent presentation on the topic of understanding and identifying risk, from someone who has a wealth of knowledge and experience. Douglas Anderson presented this topic in a clear, balanced, objective and realistic manner accompanied by numerous examples to demonstrate the course material.

RL

Raymond Lopez, CIA

Outstanding presentation by Douglas: good flow of information, with many relevant and practical examples from his own experience.

Recommended Courses

Projected Financials: Crafting and Analyzing Pro Forma Statements

Dec 12, 01:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Investor Allocation Accounting for Hedge Funds

Dec 12, 03:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Financial Statement Disclosures- Common to Private Entities

Dec 12, 03:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Sarbanes-Oxley 20 Years Later - Sourcing Emerging Risks: Part 1

Dec 12, 03:30 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Fundamentals of Hedge Fund: NAV Accounting

Dec 13, 09:30 AM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Proper Documentation of Internal Controls

Dec 13, 11:00 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    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.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Add qualification to
view credit details

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months
Subscribed
Curtis purchased a subscription.
Subscribed
Rusi purchased a subscription.
Subscribed
Kenneth purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Aura purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Adam purchased a subscription.
Subscribed
AIMEE purchased a subscription.
Subscribed
Doug purchased a subscription.
Subscribed
Lynn purchased a subscription.
Subscribed
Doreen purchased a subscription.
Subscribed
Suellen purchased a subscription.
Subscribed
Sinead purchased a subscription.
Subscribed
Vicki purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Debra purchased a subscription.
Subscribed
Nomfundo purchased a subscription.
Subscribed
Rosalba purchased a subscription.
Subscribed
Jane purchased a subscription.
Subscribed
Mihyun purchased a subscription.
Subscribed
MELISSA purchased a subscription.
Subscribed
Lauren purchased a subscription.
Subscribed
Frank purchased a subscription.
Subscribed
Levi purchased a subscription.
Subscribed
Nancy purchased a subscription.
Subscribed
Richard purchased a subscription.
Subscribed
Dan purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
EFILIRANTSOA purchased a subscription.
Subscribed
Murad purchased a subscription.
Subscribed
Jeff purchased a subscription.
Subscribed
Mahlon purchased a subscription.
Subscribed
Kevin purchased a subscription.
Subscribed
Bari purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Miles purchased a subscription.
Subscribed
Anita purchased a subscription.
Subscribed
AFNAN purchased a subscription.
Subscribed
Austin purchased a subscription.
Subscribed
Becky purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Melvin purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
xiaoying purchased a subscription.
Subscribed
Valerie purchased a subscription.
Subscribed
Anna purchased a subscription.
Subscribed
Heidi purchased a subscription.
Subscribed
Marianela purchased a subscription.
Subscribed
Lynn purchased a subscription.
Subscribed
Richard P purchased a subscription.
Subscribed
Alexandra purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
saad purchased a subscription.
Subscribed
Erin purchased a subscription.
Subscribed
Sam purchased a subscription.
Subscribed
Mu purchased a subscription.
Subscribed
Sherri purchased a subscription.
Subscribed
Kayla purchased a subscription.
Subscribed
Carla purchased a subscription.
Subscribed
Jill purchased a subscription.
Subscribed
robert purchased a subscription.
Subscribed
Harshil purchased a subscription.
Subscribed
Tina purchased a subscription.
Subscribed
Barajas-Aronoff purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
William purchased a subscription.
Subscribed
Elizabeth H purchased a subscription.
Subscribed
Ishu purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Steve purchased a subscription.
Subscribed
Arin purchased a subscription.
Subscribed
Dawn purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Angela purchased a subscription.
Subscribed
CHI TUNG purchased a subscription.
Subscribed
Stephen purchased a subscription.
Subscribed
Therese purchased a subscription.
Subscribed
Jignya purchased a subscription.
Subscribed
gregg purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
MOHAMED purchased a subscription.
Subscribed
Stephen purchased a subscription.
Subscribed
Bingling purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Michal purchased a subscription.
Subscribed
Melanie purchased a subscription.
Subscribed
Virginia purchased a subscription.
Subscribed
Zehra purchased a subscription.
Subscribed
Susan purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
TORAL purchased a subscription.
Subscribed
Cindy purchased a subscription.
Subscribed
Jill purchased a subscription.
Subscribed
Nancy purchased a subscription.
Subscribed
FRANCISCO purchased a subscription.
Subscribed
Janiece purchased a subscription.