Author(s)
Publisher:
AICPA
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NASBA Field of Study
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Format
On demand
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Level
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CPE Credit
0
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Course acronym
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Prerequisites
-
Course duration
1 Hour and 15 minutes
Credit Info
Manage Risk and Reward: Building a Better Scorecard
Risk eats strategy for breakfast… but all risks are the offspring of strategy. More simply, every strategic decision both creates new risks and reduces other risks. Without seeing your strategy and/or risks in context of each other – and in near real-time, you are flying blind as you make your day-to-day decisions.
This session reviews the Strategic Risk Scorecard that was designed specifically for the AICPA and was licensed to other accounting organizations, such as CPA Canada. It will show how you can link risk and performance in a reliable, repeatable and standardized process so all business units can see and pro-actively manage risks and rewards.
This session reviews the Strategic Risk Scorecard that was designed specifically for the AICPA and was licensed to other accounting organizations, such as CPA Canada. It will show how you can link risk and performance in a reliable, repeatable and standardized process so all business units can see and pro-actively manage risks and rewards.
Topics discussed
Learning objectives
Identify how to develop a scorecard that captures your strategy and your risks
Recall how to set strategic priorities for your business to focus on what matters
Identify how to align and integrate the strategic priorities and risks in your organization to improve performance
Who will it benefit?
Those with basic strategy and risk management experience recommended
