Risk Management

(57 customer reviews)
by

Risks can occur anywhere in an organisation, therefore, integrated and organisation-wide approaches to risk management are key to minimising negative consequences. This course provides an overview to the key elements, processes and approaches to successful risk management.

£150 +VAT

4 CPD hours

365 days’ access

Use ACPD101 for 10% off any purchase.

Risk Management

(57 customer reviews)

£150 +VAT

4 CPD Course

365 days’ access

Use ACPD101 for 10% off any purchase.

Risk Management

(57 customer reviews)

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Evaluate risk and understand all elements of risk management
  • Categorise risk and create a process to systemise risk management
  • Establish the difference between quantitative and qualitative risk assessments
  • Integrate risk monitoring into your organisation
  • Profile risk and identify organisation-wide approaches to risk management

About the course

All organisations face risks, but they aren’t all the same. Some can deliver benefits, but others can have damaging impacts. Risks can occur anywhere in your organisation and, as accountants, we play a key role in managing risk and protecting our organisations against the consequences.

This course provides an overview of effective risk management. It will enable you to categorise and evaluate risk to maximise opportunities and limit disasters as well as carry out quantitative and qualitative risk assessments. Discover what it takes to integrate risk monitoring and organisation-wide approaches to risk management in your organisation.

Contents

Understanding risk management

What is risk management?
Creating a holistic approach
Corporate governance and risk management
Starting out
Risk analysis
The spectrum of risk
Risk assessment
Managing risk and change

Systemising risk management

Risks faced by business
Pure risks
External risks where some control is possible
Internal risks
Risky business
Flawed decision-making
Biased thinking

Processes and procedures

Approaches to decision-making
Quantifying risk
Qualitative risk assessment
Controlling risk
Mapping risks
Determining the probability of a risk
Vulnerable business areas
Responding to assessed risk
Integrated risk monitoring

Making improvements

Risk profiling
The nature of the organisation as an organisation
Individuals within the organisation
Keeping it moving
The influence of external factors
The nature of the industry
Organisation-wide approaches
Problem areas
Preparing for the unexpected

Author

John Taylor

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp – Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.

57 reviews for Risk Management

  1. Joe Grady –

    /

  2. Susan Bidwell –

    Easy to read, understand and get take aways to use.

  3. Marijana Trifkovic –

    The content is relevant

  4. Richard Larkman –

    A useful refresher.

  5. Ompontshitse Galetshajwe –

    It is very good for us as accountant to know the risk that our company is facing

  6. Alan Smith –

    Course outline covered the key components of risk and provides a basis for more research and study on the matter

  7. Malcolm Bondin –

    Very focused on the subject and covers different business set-ups. Articles and examples are very well chosen to make the point.

  8. Vicki Nuttall –

    Good refresher with some useful perspectives

  9. Beverly Lennox –

    Examples from 2012 needs updating

  10. Peta Gartner –

    The material was easy to follow & digest online. The use of ‘real’ examples was interesting.

  11. Wame Setlhatloso –

    Good information and it was a refresher and relevant to current issues

  12. Salome Sewagodimo –

    AMAZING

  13. Fung Lan Ho –

    The course material is very useful for me.

  14. Michael Nelson –

    I found this a very useful CPD topic. In fact I will review my notes from this risk management CPD and research more in this area, because from the course I learnt that this is a very crucial/critical process to management all potential risks of a business,

  15. Anastasia Doukakis –

    This course was great and detailed. The case studies were based on real events and scenarios were great. The course for me was very relevant to my current role

  16. Colm Jennings –

    Very good course. Split into 4 modules allowing to spread it over time and not all at once. Detailed and I can’t think of anything that was not covered.

  17. Sandra Bell –

    Enjoyed the course, great refresher

  18. Mihaela Radulescu –

    Very clear, easy to follow courses. I loved them.

  19. Patrick Fitzpatrick –

    Involved in practice so all clients business have risk involved in their operations and interactions

  20. Ian Lewis –

    It’s quite a subjective area.

  21. Nilima Vashi –

  22. Onkemetse Nketsang –

    I now understand what risk is all about

  23. Veronique Koo Moy Sen –

  24. Hamza Muhammad –

  25. Aoife Carter –

  26. Kyla Chapman –

  27. Peter Shaefer –

    It challenge the role of CEO – which is right

  28. Monique Murray –

    The course was comprehensive.

  29. Lorraine Campbell –

    I was hoping for more usable tools including maybe a ‘best practice’ template for at least one of the assessment tools.

  30. Ambrose Feese –

    The mix of video and articles made this long and complicated

  31. Carol Muircroft –

    Some examples or a link to further info on the other Quantative Risk assessment methods would be useful e.g PERT , Monte Carlo and Decision tree. Also to explain further on how FMEA is calculated…

  32. Kyle Burke –

  33. Irene Awala –

  34. Yuliya Anokhina –

  35. Edmond Boyle –

    Provided me with ideas and tools/methodologies for risk management

  36. Teresa Fitt –

    good explanations and examples

  37. Ruth Glover –

    It emphasized that the role of the accountant is more than just numbers, it must include an awareness of risk

  38. Peter Alexander –

    Very good recap on Risk Mgt process

  39. Catherine Mary Hastings –

    Every organisation faces risks and the current pandemic has brought a new focus on all risks.

  40. Robson Mugomba –

    Would have loved to see examples of registers and risk appetite statements

  41. Alma Patkovic –

  42. Paul Mburu –

    It did

  43. Helene Katz –

    Unclear objectives, no theory that helped demonstrate how the course components were related and a series of random questions that did not demonstrate understanding of a topic.

  44. Ali Mohamed AmirAli –

    I own a consulting firm where i provide risk management services to clients and these questions genuinely challenged my thought process vividly

  45. Kate Hailstone –

    It built on my existing knowledge and gave me some really useful ideas and things to think about that I can implement in my current role

  46. Eoin Burke –

    I work as part of a Risk & Internal Control function in an insurance company. This course was a valuable refresher on key elements of my role, providing useful real life scenarios to help bring the learning into context.

  47. Paul Tohill –

    Examples

  48. Olga Wong –

  49. Kiron Varkey George –

  50. Ashlyn Malcolm –

    I was able to read and see practical examples.

  51. Haylee Shaw –

  52. Onkamotse Ramedupi –

    dealing with this risks on our day to day work

  53. Danuta Slide –

    More of an insight into risk management

  54. Colm Jennings –

    I was looking for guidance on how to review our own risks, assess and identify what they are and create a monitoring report. This course has been invaluable.

  55. Weng I Cheang –

  56. Hugh Lawton –

    By using the examples of real businesses it made it real

  57. Gillian Sayer –

    Didn’t just focus on large listed corporations which is good because we all don’t work within that sector

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