Skip to main content
by learnformula
search
For Business
Team license & compliance management
For Higher Education
Academic partnerships
For Government Agencies
Government training solutions
For Instructors & Course Creators
Teach on our marketplace
Become a Sponsor
Reach professionals where they learn
Log inStart 7-Day Free TrialStart Free TrialStart Free Trial
search
  1. Courses
  2. /Business
  3. /Business Risk Management

Integrating Risk Appetite into Business Decision Making

Using the RAS to ensure consistency.

Created byDenise Cicchellaworkspace_premiumBest Instructor
IntermediateUpdated Mar 3, 2025

What You'll Learn

  • check_circleUnderstand Risk tolerance and why Risk Gap may occur
  • check_circleLearn what an RAS is and how it can be used to standardize decision making
  • check_circleGet a feeling for risk around improper decision making - whether playing it too safe or too risky
  • check_circleDiscover industry best practices for writing an RAS
  • check_circleTalk about the evolving role of ERM and how they can help decrease risk gaps

About This Course

This course provides a comprehensive understanding of how to align an organization's risk appetite with strategic and operational decision-making and decision makers. Participants will explore the foundational concepts of risk appetite, its role in shaping corporate strategy, and practical approaches to embedding it into day-to-day business operations. Learners will develop skills to assess, articulate, and apply risk appetite frameworks to drive informed, balanced, and effective decision-making.

Key topics include:

  • Defining and quantifying risk appetite in diverse organizational contexts through the use of Risk Appetite Statements
  • The interplay between risk appetite, culture, and governance and why non-compliance can happen.
  • Identifying risk appetite thresholds, gaps, and types and their impact on strategic goals
  • Integrating risk appetite into performance management and resource allocation. 
  • The evolving role of ERM.
  • Tools and methodologies for monitoring and reporting risk appetite alignment

 

This course is ideal for risk managers, business leaders, and decision-makers seeking to enhance their organization's resilience, agility, and long-term success through thoughtful risk management practices.

Course Content

3 activities • 3 videos • duration: 1h 52m

remove
Meet the RAS1 videos • 1 quiz • 1.1 hours
  • videocamMeet the RAS
    Duration 67:37
  • quizQuiz 1
add
Best practices for creating a RAS1 videos • 1 quiz • 29 min
add
Integrating Risk Appetite into Business Decision Making1 videos • 1 quiz • 14 min

Your Instructor

Denise Cicchella

Certified Internal Auditor, Certified Fraud Examiner, Certified Construction Auditor, Project Management expert and Author

menu_book18 courses
star805 reviews

Denise has been a Certified Internal Auditor and Certified Fraud Examiner for over 20 years. She has a specialization in Construction Audit and is a management consultant, specializing in Training and Professional Development. She has authored several books including: Bridging the Gap, enhancing the Audit Committee / AUdit Relationship, Teach, Train, Transform - the Superhero Way, Construction Audit Handbook: Overview, Monitoring and Auditing, Effective Auditing for Corporates, Construction Audit - Building a Solid Foundation; and Essentials of Construction Management.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

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.

What Students Are Saying

4.8 out of 5
Student's Choice
209 reviews
  • SL
    Scott L.
    starstarstarstarstar

    The course provided a great overview/refresher

  • NV
    Natalie v.
    starstarstarstarstar

    this was a great refresh course

  • JH
    Jacob H.
    starstarstarstarstar

    Nice course.

  • LH
    Lusine H.
    starstarstarstarstar

    Great course.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

You May Also Like

  • Ethics: Business Ethics

    2026 Ethics and Corporate Compliance

    starRated5.0out of 5,(556 reviews)
    2 CPD hrs
  • Finance: Budgeting & Financial Forecasting

    Critical Skills for CFOs & Controllers: Budgeting & Forecasting Strategies for Today’s World

    starRated5.0out of 5,(113 reviews)
    2.5 CPD hrs
  • Accounting & Tax: Technology for Accountants

    Claude Fundamentals for Accountants (2026 Update)

    starRated5.0out of 5,(646 reviews)
    2.5 CPD hrs