Description:
This seminar is designed for managers, auditors, analysts and executives responsible for mission and mission support risk assessment over financial and performance activities, including implementing the Federal Manager’s Financial Integrity Act and OMB Circular A-123. It is also designed for auditors and evaluators who need to understand the application and role of risk management and assessing internal control in sustaining organizational performance, efficiency, effectiveness, and accountability. Seminar topics are based on a combination of the GAO Green Book, Standards for Internal Control, the COSO standards for ERM as well as current literature written by our instructors.
This course is part of the Master Certificate in Federal Financial Management.
Who Should Attend?
Executives, managers, analysts and auditors responsible for mission and mission support risk assessment over financial, operational and performance activities.
Tuition:
$529.00
Credits:
8.0 Hours
Class Type:
This course is currently being offered in the following training modalities:
- Online
- Virtual Instructor-Led - AUDT8912A
- Class Length: This class is listed as a 1 day course.
- Virtual Instructor-Led - AUDT8912A
- On-site
Learning Outcomes:
- Explain the need for ERM
- Describe risk in government
- Explain leadership accountability for enterprise risk management
- Identify strategies for building a risk culture
- Use ERM to define risk to strategic goals
- Articulate the role of ERM in the budget environment
Morning Session
- The Description of and Importance for ERM
- Accountability for Managing Risk
- Managing Risk Culture
- Using ERM to Inform Strategic Goals
- Mapping Risks to Strategic Goals
Afternoon Session
- Risk Maturity and Organizational Performance
- Standards for Effective ERM
- OMB Circular A-50 and Audit Follow Up Risk
- Risk Information and Communication
- Executive ERM Implementation Plan
