Controls and Processes of Risk Management
About this course
This microcredential equips learners with essential methods and controls to manage risk and ensure financial stability within organisations. It covers budget control, inventory monitoring, credit policy management, and the importance of audits and internal controls in identifying issues and maintaining compliance.
You’ll learn how Boards address conflicts of interest, the role of detective, preventative, and corrective controls in mitigating risk, and the unique challenges of managing financial risk in international operations.
What will you learn?
This microcredential contains self-guided content, broken down into the following modules:
Module 1: Internal Controls and Risk Mitigation
Module 2: Budgetary Control Methods
Module 3: Inventory Control and Risk Management
Module 4: Conflict of Interest and Risk Mitigation by Boards
Module 5: Risk in International Markets
Module 6: Maintaining Credit Policies
Module 7: Monitoring Risk Management Processes and Controls
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