Risk management is no longer a compliance exercise-it is a core strategic responsibility of today's CFO and CPA. This session demystifies Enterprise Risk Management (ERM) by walking through the COSO framework in clear, practical terms. Participants will learn how risk integrates with strategy and performance, how
organizations identify and assess risk, and how leaders respond to uncertainty in a disciplined way. Using examples, polling, and case discussions, this session equips financial professionals to communicate risk effectively and help organizations protect and create value. Some funny video clips will be used to focus on the learning material.
DESIGNED FOR
CPAs in public practice or members in industry seeking a better understanding of analytical procedures
BENEFITS
- Understand the nature of analytical procedures
- Design and implement analytical procedures for professional engagements
- Understand the AICPA's guidance for utilizing analytical procedures in audit and review engagements
HIGHLIGHTS
- Analytical procedures in audit and review engagements
- Practical examples and illustrations of analytical procedures
- The order of operations for accomplishing analytical procedures
PREREQUISITES
Basic working knowledge of audit and review engagements and working with Microsoft Excel
ADVANCE PREPARATION
None