Risk Management in a Post-COVID World Webinar
9:00 - 10:30 a.m.
PICPA Member: $64 | Nonmember: $74
Some risk management experience is helpful
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from firstname.lastname@example.org with the log-in information.
With each new crisis, surviving organizations revise their risk management plans, often modeling situations which look like the one just past. Whatever crisis troubles your organization next, it is not likely to be another pandemic, but may resemble some other crisis from the distant past.
Research shows that top performing organizations do no better than their mediocre-performing peers at predicting the next crisis. However, because they have plans in place to handle one possible risk, they are better prepared when a different crisis happens as a result of having important elements of a solution in place. Often well-prepared organizations actually end up better off because the crisis occurred.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Learning Objectives:
After attending this presentation you will be able to...
- Recall the risk management lessons from the COVID pandemic
- Realize the role of Auditors in risk management
The major topics that will be covered in this class include:
- Black Swan Risks
- Role of Finance, Internal and External Auditors
- COSO's Risk Management Standards
- The COSO Cube
- The COSO Double Helix
- Risk Management Definitions
- Event Identification
- Expected Value Analysis
- The Heat Map
- The World Economic Forum Global Risk Reports
- Alternative Risk Responses
- Lessons from the Great by Choice Research
- Personal Risk Management
John L. Daly, CPA, CMA, CPIM
Executive Education/Chelsea, Michigan
John Daly holds a BS from Denison University in Granville, Ohio and an MBA from the University of Michigan. He spent five years in Management Consulting with two national accounting and consulting firms before becoming Controller and then Vice President of Finance of an original equipment automotive parts manufacturer that saw six fold sales growth during his ten-year tenure. He has also been Chief Financial Officer of several other manufacturing companies and a large restaurant chain. He is the author of Pricing for Profitability: Activity-Based Pricing for Competitive Advantage published by John C. Wiley & Sons, and various professional articles.
Mr. Daly currently has a management consulting practice that specializes in early-stage turnarounds and pricing strategy. He also performs interim CFO engagements and sits on the boards of several for-profit and not-for-profit organizations.