Enterprise Risk Management: New Approaches for Today's Complexities WEBCAST

Tuesday, March 22 8:00am - 4:00pm PDT

Add to Calendar

Your Desk

8.0 Credits

Member Price $259.00

Non-Member Price $309.00


New risks are arising from technological change, political uncertainty, cyber-crime and increasing drivers of intangible value. It is mandatory for organizations to be proactive in anticipating and managing risks. This approach requires organizations to build a risk awareness and management culture putting increased emphasis on compliance and governance. New approaches to enterprise risk management are emerging. Revisions to COSO and ISO31000 share the ambition to integrate risk management into all aspects of the organization’s activities and emphasize the importance of developing a risk culture that aligns with the organization’s values and ability to handle complexity. This course will address new approaches to enterprise risk management, including recent updates to COSO and ISO frameworks with focus on managing risk in increasingly complex business environments. Core tenets of strategy development, risk culture, and performance management will be covered to help practitioners implement best practices in enterprise risk management.


Building a risk awareness and management culture. Cybersecurity/Cyber Terrorism and technology. Employee recruitment, development and retention. Loss of knowledge and reputation. Social media issues. Operational issues in risk management. COSO ERM framework revisions. ISO31000. Risk management, revisions. Useful tools and techniques in risk awareness and management. Risk management in strategy development. Whole-organization risk management integration.


Familiarity with enterprise risk management concepts and best practices.

Designed For

Practitioners of any level who play a risk management role in entities of any size.


Recognize the trends shaping risk and risk management. Identify new approaches to enterprise risk management. Describe revisions to recently updated ERM frameworks from COSO and ISO. Identify the importance of developing a robust risk culture. Determine how processes and procedures can be enhanced by using a value stream perspective for enterprise risk management. Apply key risk management tenets into an entity’s strategy and enterprise processes to preserve value.







Ron Kral

Ronald J. Kral, CPA, CMA Candela Solutions LLC / Madison, Wisconsin

Ronald is the Managing Partner of Candela Solutions LLC, a public accounting firm with a national focus on governance, risk and compliance. He has been an external auditor responsible for signing audit opinions and a divisional financial executive for a multi-billion dollar NYSE firm. Currently he is an educator, advisor and internal auditor for boards of directors and management teams.

Prior to forming Candela Solutions in 2003, he was a Principal Consultant with PricewaterhouseCoopers, leading performance auditing, internal controls and governance projects. Ronald began his public accounting and consulting career with a California CPA firm as a Financial and Compliance Auditor, where he worked extensively with Ernst & Young.

Ronald is a nationally recognized speaker on governance, business ethics, internal controls, and SEC regulations. He helps companies understand the regulatory environment to devise cost-efficient responses to extract value, not just compliance. Ronald believes that all business activities must be focused on creating and preserving shareholder value.

Ronald has authored numerous professional articles and served on FEI’s National Task Force on the COSO Monitoring Guidance Project in 2007-08. He has been a Better Business Bureau Torch Award Judge for business ethics and integrity since 2006. Ronald holds an MBA from Arizona State University and a BBA from the University of Wisconsin.

Return to Top

Non-Member Price $309.00

Member Price $259.00