Risk management, Internal controls and Fraud Prevention
Many organizations have gone through extensive efforts to comply with other internal control regulations to ensure accuracy in their financial statements. But financial statement controls cover only a small area of risk and often ignore the far greater risks resulting from weak operational and other financial controls. It will provide you with a firm grasp of the common financial and operational risks that still confront companies and what you need to do, beyond insuring against them, to manage those risks
Objectives
- Develop and implement a risk management strategy
- Strengthen controls, limit risk and prevent fraud
- Manage a crisis
- Differentiate key performance indicators from key risk indicators