In our increasingly complex environment, it is critical that Finance professionals understand and embrace Risk Management as a key discipline. This three-day, six-module program has been designed to help Finance and other business leaders anticipate, prepare for, and quickly respond to evolving business threats and opportunities. By understanding and properly managing risk, businesses can thrive, create value and achieve a competitive advantage.

Learning outcomes participants can expect:

• Learn about risk, risk management, and the Enterprise Risk Management (ERM) Framework. 
• Develop the ability to identify and assess the various risks that may have a critical impact on business and choose the optimal risk mitigation strategies.
• Develop successful strategies for reporting on risks for Senior Management and Boards.
• Learn to use key Risk Management tools: Risk and control assessments, risk bow tie and key risk indicators.
• Apply the learnings, concepts, and tools to their organizations
• Understand how risk integrates with strategic decisioning

This highly interactive and hands-on learning program will include instructor led discussions, group discussions and case studies, and real life examples, all supported by a current and comprehensive resource materials package.

This session is scheduled as an online virtual offering, delivered over three days, November 18, 19 & 20, 2026. An early bird discount of $100 is applicable on registrations received no later than October 12, 2026.

Introduction to Enterprise Risk Management

• Definitions - Risk and Enterprise Risk Management (ERM)
• ERM and Corporate Governance
• Benefits of ERM/Difficulties with ERM
• Risk and cognitive biases
• The ERM Framework relative to ISO and COSO

Establish Context for Managing Risk

• Establishing the tone at the top
• Considering the external and internal environment
• Risk appetite and risk tolerance
• Risk taxonomy
• Roles and responsibilities – the 5 lines of defense model

Risk Identification and Risk Assessment

• Risk identification – approaches/techniques to identifying risk
• Risk Prioritization – inherent risk and residual risk
• Risk measurement criteria - likelihood and severity, velocity and adaptability
• Risk heat maps

Risk Treatment/Response

• Risk avoidance/Risk acceptance/Risk transfer - sharing
• Risk mitigation with controls
• Corrective and recovery controls
• Risk registers
• Risk and control assessments 
• Risk bow ties and Risk Bow Tie methodology

Risk Monitoring and Risk Reporting

• Areas of priority for monitoring
• Key risk indicators
• Lagging and leading risk indicators
• Risk reporting - Who’s the audience?
• Examples of best practice risk reports

Incorporating into Strategic Decisions and Implementing ERM

• Change Management 101 and Risk Management
• Aligning strategic decisions with risk appetite - different pespectives
• Implementing ERM – tips and principles for success

The CPABC Enterprise Risk Management Fundamentals Certificate

The Enterprise Risk Management Fundamentals Program is a stand-alone program, and attendees will receive a certificate upon completion. The program will be of greater benefit to financial professionals with a few years of experience, who want to learn the fundamentals of risk management in order to either  further their career, or add value to their organization.

Live Webinar FAQs

Please review our Live Webinar FAQs here.

Terms of Registration & Cancellation Policies

All registrations must be accompanied by payment. Due to limited seating and some pre-work, all registrations should be received no later than 3 weeks prior to the start date. Changes or cancellations to this registration must be made in writing (email is acceptable) to the PD Department at CPABC, and will be subject to the cancellation policy as indicated below.

Note that the following are cancellation policies that apply to Executive Programs. We will issue refunds for cancellations based on the following:

• More than thirty (30) days prior to the program start date – a refund will be granted upon receipt of written notification.
• Fifteen to thirty (15-30) days prior to the program start date – a refund less cancellation fee of $300
• Less than fifteen (15) days prior to the program start date – no refund and/or credit will be granted. Full program fees will apply.

Registration Deadline