This course covers the Enterprise Risk Management material published in the content specification outline for the Certified Management Accountant (CMA) Part 2 examination.
Risks are an essential part of all businesses. Firms that develop a disciplined strategy to understand and manage risks have a distinct advantage over their competitors, including both higher returns and lower cost of capital.
This course provides an overview of the concepts of corporate enterprise risk management from the perspective of a finance and accounting organization, emphasizing the integration of risk management and corporate strategy.
The course starts with an overview of the types of risks businesses face, and then discusses best practices in risk assessment and enterprise risk management, including the COSO Enterprise Risk Management framework. The linkage of corporate governance and risk management is explored, including a discussion of key findings from a New York Stock Exchange (NYSE) commission on corporate governance.
This course covers the Enterprise Risk Management material published in the content specification outline for the Certified Management Accountant (CMA) Part 2 examination.
Topics include: • Overview of Risk • Basics of Risk Management • Enterprise Risk Management • COSO framework for Enterprise Risk Management. • Corporate Governance and Enterprise Risk Management
Field of Study: Management Services
Managing Director of CPE University, LLC
Tom Coghlan, CMA, MBA has worked at the intersection of accounting, information technology and decision making for over 30 years. His diverse set of experiences and roles include serving as: Founder of CPE University, LLC, a provider of online and in-person CPE programs in operational analysis, managerial accounting, decision making, and ethics. He is one of the top CMA exam review instructors in North America, and has helped hundreds of people prepare to take the CMA examination Founder of Appitur® Co., the developer of a mobile platform that provides exam prep companies with a branded app/web solution for their students to access study materials Business Fellow and Instructor at Villanova University, where he taught graduate and undergraduate courses in Accounting and Analytics, and was the Director of the Center for Business Analytics CFO and Director of Information Technology for a multi-national business unit of Imperial Chemical Industries Partner and Vice President of Client Services for FirstQuarter, Inc., where he led projects that helped clients including Cordis (division of Johnson & Johnson), Del Monte Foods, Alcon, Analog Devices, and Stantec maximize their technology investments Tom earned a BS degree in Business Administration from Drexel University, and an MBA from LaSalle University. Tom is a Certified Managerial Accountant (CMA), and passed the Certified Public Accounting (CPA) exam in Pennsylvania.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
