Understanding and Identifying Risk 3 Credits
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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:
Join this CPE Webinar we will guide how a strategic approach to risk can enable better decision-making, enhance resilience, and drive sustainable success.
| 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 Government Financial Manager (CGFM) | 3 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 3 CPE | Eligible |
| Fraud Risk Assessment for Certified Fraud Examiner (CFE) | 3 CPE | Eligible |
| Risk Management for Certified Internal Controls Auditor (CICA) | 3 CPE | Eligible |
| Audit Risk for Certification in Risk Management Assurance (CRMA) | 3 CPE | 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 |
| Risk Management for Certified Controls Specialist (CCS) | 3 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 3 CPD | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 3 CPE | Eligible |
| 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 Government Financial Manager (CGFM) | 3 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 3 CPE | Eligible |
| Fraud Risk Assessment for Certified Fraud Examiner (CFE) | 3 CPE | Eligible |
| Risk Management for Certified Internal Controls Auditor (CICA) | 3 CPE | Eligible |
| Audit Risk for Certification in Risk Management Assurance (CRMA) | 3 CPE | 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 |
| Risk Management for Certified Controls Specialist (CCS) | 3 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 3 CPD | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 3 CPE | Eligible |
| 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 Government Financial Manager (CGFM) | 3 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 3 CPE | Eligible |
| Fraud Risk Assessment for Certified Fraud Examiner (CFE) | 3 CPE | Eligible |
| Risk Management for Certified Internal Controls Auditor (CICA) | 3 CPE | Eligible |
| Audit Risk for Certification in Risk Management Assurance (CRMA) | 3 CPE | 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 |
| Risk Management for Certified Controls Specialist (CCS) | 3 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 3 CPD | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 3 CPE | Eligible |
| License details | Credits | Status |
|---|---|---|
| Auditing for Certified Public Accountants (CPA-US) | 2.5 CPE | Approved |
| Risk Management for Certified Internal Auditors (CIA) | 2.5 CPE | Eligible |
| Auditing for Certified Management Accountants (CMA) | 2.5 CPE | Eligible |
| Auditing for Delaware Licensed Public Accountant (DE-LPA) | 2.5 CPE | Eligible |
| Auditing for Certified Government Financial Manager (CGFM) | 2.5 CPE | Eligible |
| Auditing for Internal Audit Practitioner (IAP) | 2.5 CPE | Eligible |
| Fraud Risk Assessment for Certified Fraud Examiner (CFE) | 2.5 CPE | Eligible |
| Risk Management for Certified Internal Controls Auditor (CICA) | 2.5 CPE | Eligible |
| Audit Risk for Certification in Risk Management Assurance (CRMA) | 2.5 CPE | Eligible |
| Auditing for Qualification in Internal Audit Leadership (QIAL) | 2.5 CPE | Eligible |
| Risk Management for Financial Risk Manager (FRM) | 2.5 CPD | Eligible |
| Auditing for Iowa Licensed Public Accountant (IA-LPA) | 2.5 CPE | Eligible |
| Auditing for Maine Licensed Public Accountant (ME-LPA) | 2.5 CPE | Eligible |
| Risk Management for Certified Controls Specialist (CCS) | 2.5 CPE | Eligible |
| Auditing for Certified Financial Forensics (CFF) | 2.5 CPD | Eligible |
| Auditing for Certified Government Auditing Professional (CGAP) | 2.5 CPE | Eligible |
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
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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.
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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.
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.
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.
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.
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.
JS
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
Outstanding presentation by Douglas: good flow of information, with many relevant and practical examples from his own experience.
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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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