Overview 

Taking risk is part of every business undertaking; it is a business fact! However, the level of risk tolerance will differ from organisation to organisation as opportunity costs and trade-offs are weighed differently, depending on organisational culture, objectives and business strategy. 

Risk management involves the methodical assessment, minimisation and/or elimination of risks. As such, every department has a part to play. Accountants contribute to risk management as they perform their traditional role of management accounting where they make use of CVP analysis, decision trees, discounted cash flow and other established techniques.  

This webinar looks at risk management and shows you how you can play a crucial role in it for your business and your clients. Join Monja on 7 December 2022 from 9:00 a.m. to 11:00 a.m. as she discusses the impact of risk management on the organisation and your work.  

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Have an understanding of the importance of establishing risk management and internal control procedures in every business. 

• Acquire the skill to always identify existing and future risks, assess them and have ways to minimise or fully eliminate them. 

• Become aware of, and understand your organisation's risk appetite in pursuit of organisational objectives. 

• Realise your responsibility in risk management as a management accountant.  

• Understand how to formulate procedures for risk response and reporting to stakeholders.   

Content 

The webinar will cover the following topics:  

• What is risk management?  

• Types of risks and controls. 

• Risk appetite defined. 

• Enterprise risk management (ERM). 

• Internal controls. 

• The COSO framework. 

• Practical examples and impact of risks. 

Obtaining your CPD certificate  

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA.  

All attendees are issued with a CPD certificate available in an online profile.    

About the presenter  

Monja van Zyl CA(SA)  

Monja van Zyl completed her CA(SA) articles in Durban and qualified as a chartered accountant in 2006. She then worked for both listed and unlisted companies in various industries where she mentored and led teams of different sizes. 

Recognising the importance of balancing work and life, Monja started her own business called Aim Business Advisory Services in 2019. Her target market is the small-to-medium sized companies to whom she gives access to her vast skills and experience at a fraction of the cost on an outsourced retainer model.  

Who should attend?  

The following persons will benefit from attending this webinar:  

• Professional accountants including: CA(SA), Professional Accountant(SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA.  

• Independent reviewers. 

• Registered auditors. 

• Accounting officers.  

• Trainee accountants.  

Price                 

• Individual Booking: R450.00  

• Company Booking: 

  • R950.00 - Group Price 1 (Maximum of 5 attendees). 

  • R1 850.00 - Group Price 2 (Maximum of 10 attendees) 

  • R2 650.00 - Group Price 3 (Maximum of 15 attendees) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here  to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here  to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material  

By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.