Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 17 Minute(s)
Language
English
Taught by
Dr. John Daniel Mclellan
Rating
Course Overview
Enterprise Risk Management and Internal Controls for Organizational Resilience and Strategic Success
This comprehensive course explores the principles, frameworks, and practices of Enterprise Risk Management (ERM) and Internal Controls, equipping professionals with the tools to identify, assess, and mitigate risks within organizations. Designed for business leaders, risk managers, and auditors, the course integrates theoretical foundations with practical applications to foster resilient and compliant enterprises.
The course begins with an overview of ERM, emphasizing its role in aligning risk appetite with strategic objectives. Participants will examine globally recognized frameworks, such as COSO ERM and ISO 31000, to understand risk identification, assessment, and prioritization. Topics include risk governance, risk culture, and the integration of ERM into decision-making processes. Case studies of real-world risk failures and successes will illustrate the impact of effective risk management.
Internal controls are explored as a critical component of ERM, focusing on their design, implementation, and evaluation. Students will learn the COSO Internal Control Framework, covering control environment, risk assessment, control activities, information and communication, and monitoring. The course addresses how internal controls mitigate operational, financial, and compliance risks, with emphasis on fraud prevention and regulatory adherence (e.g., Sarbanes-Oxley Act).
Participants will also explore emerging risks, such as cybersecurity threats and ESG (Environmental, Social, Governance) factors, and their implications for ERM and controls. The role of technology, including data analytics and GRC (Governance, Risk, and Compliance) tools, is highlighted to demonstrate modern approaches to risk management.
By the course’s end, participants will be able to design and implement robust ERM programs and internal control systems, enhancing organizational resilience and value creation. Ideal for professionals seeking to strengthen risk oversight, this course combines lectures, group discussions, and hands-on projects to ensure practical mastery of ERM and internal controls.
Course Content
- 11 section(s)
- 33 lecture(s)
- Section 1 Introduction
- Section 2 Module 1 - Introduction to Internal Controls and Risk Management
- Section 3 Module 2 - Organizational Structure and Control Environment
- Section 4 Module 3 - Designing and Safeguarding Internal Controls
- Section 5 Module 4 - Designing Internal Controls and Strategies to mitigate risk
- Section 6 Module 5 - Regulatory Framework and Compliance
- Section 7 Module 6 - Corporate Governance and Ethics
- Section 8 Module 7 - COSO’s Internal Control Framework
- Section 9 The Three Pillars of Sustainability
- Section 10 Conclusion
- Section 11 Bonus - other Profession Development Courses
What You’ll Learn
- Explain the principles and components of Enterprise Risk Management (ERM), including the role of globally recognized frameworks such as COSO ERM and ISO 31000, Identify, assess, and prioritize organizational risks, incorporating risk governance, risk culture, and integration of ERM into decision-making processes,, Apply the COSO Internal Control Framework to design, implement, and evaluate internal controls that address operational, financial, and compliance risks,, Analyze emerging risks, including cybersecurity threats and ESG factors, and evaluate the role of technology, data analytics, tools in enhancing risk management
Skills covered in this course
Reviews
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DDenise Beale
Na
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ZZoe Bennett
Really enjoying the course so far, would like the little quizzes to be a little bit harder though,
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MMarvin Ybanez
videos are made by ai and read by ai. i was expecting more interactions and real instructors talking
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SSophia Chiamaka Basil
Very good
